2026-01-19 05:24:03

Another on-chain smart money got wrecked in a swing trade😅

This major holder sold 2,899 ETH between January 14-15 at an average price of $3,325.38. Yesterday, they suddenly transferred all these coins to a major exchange, then immediately withdrew 8 million USDT. Clearly, this is a recognition of loss and stop-loss action.

Roughly estimating based on the deposit price, the loss from this wave amounts to $371,000. Interestingly, this isn't their first recent mishap—over the past month, this wallet address has had four swing trades with a record of 2 wins and 2 losses, totaling a profit of $503,000.

It seems that even big players skilled in on-chain trading have to bow their heads in this market. Swing trading is indeed extremely challenging.

ETH-3,8%

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NewDAOdreamer

· 8h ago

370,000 dollars just gone like that, hilarious. I thought big investors were all like gods.

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DiamondHands

· 8h ago

370,000 just like this? I lost that much on a single slippage last time.

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OnchainHolmes

· 8h ago

It crashed again haha, 370,000 just disappeared like that Smart money also has to pay tuition fees, swing trading is really a mystical art Two wins and two losses, this data doesn't seem as clever as it looks

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BearMarketGardener

· 8h ago

$370,000 just disappeared like that, luckily I had the previous gains to cushion the loss.

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RektRecovery

· 9h ago

lmao "smart money" getting absolutely rekt... i warned about this exact pattern months ago, classic vulnerability in timing entries. post-mortem's gonna be brutal when the full wallet history drops

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