A trader has been swing trading ETH for over 3 months and has lost $1.48 million.

CoinFeed reported on May 8 that, according to Lookonchain monitoring, trader 0x8062 used 4.38 million USDT to trade ETH starting on February 2. After actively trading for more than 3 months, he sold his ETH holdings 3 hours ago, leaving him with only 3.4 million USDT, resulting in a loss of 1.48 million USDT.