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Swing trader who bought ETH dip sells at estimated $260K loss

May 30, 2026, 5:05 AM
According to on-chain data, a large swing trader with an address beginning in 0x69b5 has closed all positions after buying the dip on ETH about a week ago. The investor is estimated to have bought ETH at an average price of $2,078.9 and sold at $2,024.7, incurring a loss of around $260,000 on a position worth approximately $10 million.

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