According to Lookonchain, trader 0x83c6 realized a significant trading loss by selling 2,522 ETH for $3.96 million at $1,570 a month ago, then buying back only 1,425 ETH for $3.8 million at $2,670 just 30 minutes ago. This trade effectively cost the trader over 1,000 ETH ($2.67 million), highlighting the risks of timing the Ethereum market. The event underscores the importance for cryptocurrency traders to carefully consider exit and re-entry strategies, as abrupt decisions can lead to substantial capital erosion. This real-world example provides actionable insight for ETH swing traders and reinforces the value of disciplined portfolio management in volatile crypto markets (Source: Lookonchain, May 22, 2025).