‘Dreary money’ Ethereum investor loses over $2M in six months — 3 lessons to be taught

‘Dreary money’ Ethereum investor loses over $2M in six months — 3 lessons to be taught

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An nameless Ethereum investor has misplaced more than $2 million trading Ether (ETH) since Sep. 9, 2022, on-chain knowledge reveals.

Seen by on-chain monitoring resource Lookonchain, the "expressionless money" dealer spent $12.5 million in stablecoins to aquire 7,135 ETH after it rallied 10% to $1,790 in September 2022. Nonetheless a subsequent correction forced the dealer to sell the entire stash for $10.51 million.

<em>Ethereum investor's transaction ancient previous from September 2022. Supply: Lookonchain</em>
<em>Ethereum investor's transaction ancient previous from February 2023. Supply: Lookonchain</em>

Manufacture no longer rely on appropriate one classic

<em>Ethereum fund outflows picked momentum before the Merge. Supply: CoinShares</em>

Hedge with save alternate ideas

Manufacture no longer whisk all-in; take a look at momentum

<em><span class="aqPopupWrapper js-hover-me-wrapper"><a href="https://www.investing.com/crypto/ethereum/eth-usd" id="63f7aa05680f0" class="aqlink js-hover-me" hoverme="aql" data-pairid="1058142">ETH/USD</a></span> everyday label chart. Supply: TradingView</em>

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