Swing-Trader Whale Liquidates 7,818 ETH at $3,714 — $3.47M Loss, Total ETH Losses Top $8.98M

According to EmberCN monitoring and reported by COINOTAG News on October 17, a swing trader executed a rapid exit in the recent crypto market downturn, selling approximately 7,818 ETH at an average price of $3,714. These tokens were acquired four days earlier at an average of $4,159, producing a realized loss of roughly $3.47 million.

Over the past two weeks the same address registered cumulative losses totaling about $8.979 million across two rounds of buy-high, sell-low activity. The initial trade on October 2 involved ~8,637 ETH purchased for ~38.017 million DAI at a mean price of $4,402, later liquidated on October 11 at $3,764 for an estimated $5.506 million loss.

These on-chain figures underscore prevailing volatility and the importance of robust risk management and position-sizing for active swing trading strategies, offering a concrete data point for analysts monitoring realized losses in the ETH market.