A major ETH trader exited the market after losing $260,000.

CoinFeed reported on May 30th that, according to on-chain analyst Ai Yi, a major swing trader who "bought the dip" in ETH a week ago has already exited with losses. They entered a position at $2078.9 and sold at $2024.7, resulting in an estimated loss of $260,000 on their $10 million holding.