According to blockchain analytics firm Lookonchain, the trader used 4.38 million USDT to trade Ethereum from Feb. 2 and exited with 3.4 million USDT after more than three months.
Blockchain analytics firm Lookonchain reported that trader 0x8062 deployed 4.38 million USDT to trade Ethereum starting on Feb. 2 and closed the position around three hours before the report. The wallet exited with 3.4 million USDT remaining, resulting in a 1.48 million USDT loss. The activity was described as more than three months of active swing trading, a strategy that involves holding positions across short- to medium-term price moves rather than intraday execution alone.