Data from blockchain analytics platform lookonchain reveals that on February 9, trader address 0x8062 completed two rounds of ETH operations within a week. The data shows a clear pattern of buying high and selling low:
- First transaction involved buying 2,132 ETH at $2,294 per unit, followed by selling at $2,195, resulting in a $211,681 loss
- Second transaction saw purchasing 2,233 ETH at $2,095 before selling at $2,023, suffering another $160,911 loss
Notably, this account experienced consecutive losses in two weeks, with total losses reaching $372,592, equivalent to over RMB 2.6 million at current exchange rates.
Market analysts point out that this typical pattern of buying high and selling low often leads to significant losses in the volatile crypto market, advising investors to maintain rational investment strategies.