An investor FOMO buys ETH at a high price, losing 3.24 million USD within 14 hours.

Foresight News reported that, according to Lookonchain monitoring, traders starting with 0xa43d who chased gains in ETH at high levels FOMO buying have lost a total of $3.24 million within just 14 hours. The trader opened a long position at the price peak 14 hours ago. As ETH’s price declined, they partially closed the position 3 hours ago, incurring a loss of $583,500. They still hold a long position of 11,793 ETH (approximately $37.6 million), with an unrealized loss of $2.66 million.