A certain whale trader FOMOed into longing ETH, losing $3.24 million in 14 hours

BlockBeats News, December 11th, according to LookIntoChain monitoring, trader 0xa43d reportedly suffered a $3.24 million loss within 14 hours due to FOMO longing ETH at the top.

Reportedly, the address went long 14 hours ago at the Ethereum price peak. As ETH dropped, the trader partially closed the position 3 hours ago, bearing a $583,500 loss. Currently, the trader still holds a long position of 11,793 ETH (worth $37.6 million), with an unrealized loss of $2.66 million.