Ethereum transactions are creating buzz and sending strong messages. If you have a bag, consider not selling it immediately.
Think carefully before selling your bag.
A month ago, Trader 0x83C6 sold $2,522 ETH for $1,570 for $3.96 million.
Just 30 minutes ago, he spent $3.8 million to buy back the $1,425 ETH for $2,670.
vanished over $1,000 eth (267mm) over $1,000.https://t.co/om9htiv361 pic.twitter.com/h69rrjxwbn
– lookonchain (@lookonchain) May 22, 2025
Last month, Trader 0x83C6 sold 2,522 ETH for $3.96 million, despite being worth $1,570 at the time. It seemed like a wise move as the market wasn't going up or down. However, the events of that day did not end.
About 30 minutes ago, the trader sold 1,425 ETH, winning nearly $3.8 million. This time I bought them for a price of $2,670 each. As a result, more than $2.67 million in Ethereum has fallen out of the system.
Painful Lessons of Timing
This example shows how difficult it is to predict when the crypto market will change. You might think it's wise to sell during drip or hold it when things fall, but taking these actions can lead to a lot of damage. As a result, traders lost many Ethereums as they bought less than they sold.
A bigger perspective
Rising market optimism and ongoing trade transactions have led to recent growth for Ethereum. While many investors may avoid this type of loss, the story reminds us that quick moves in unstable markets can be wrong.
Many people realize that patience remains important in cryptography thanks to the high prices and the reappearance of FOMO. In some cases, waiting for the storm is the safest thing to do.
