Ethereum Price Surge Sparks FOMO Trading and Whale Activity
- Ethereum’s price increased by nearly 8% in the past 24 hours.
- A trader initially bought 1,805 ETH for $6.42 million at $3,559 each.
- The same trader sold at a $3.6 million loss two weeks ago.
- They repurchased 1,734 ETH for $3.11 million at $1,792 per coin.
- Whales accumulated $100 million in ETH during the price rise.
The recent Ethereum price surge led to significant trading activity, including a notable case of emotional trading behavior resulting in substantial financial loss and subsequent repurchase at higher prices.
Source (2.6)https://coingape.com/ethereum-fomo-trader-bags-3m-coins-as-eth-price-rallies-10/?rand=24432
