Latest Update
8/17/2026 3:04:00 PM

Lookonchain: Trader Loses $414K Swinging ETH

Lookonchain: Trader Loses $414K Swinging ETH

Lookonchain reports trader repurchased 1,674 ETH at $1,906, down 217 ETH after repeated sell-low buy-high moves amid current ETH price action.

Source

Analysis

Lookonchain tracked a wallet that just bought back 1,674 $ETH worth $3.19M at $1,906, repeating its sell-low buy-high pattern and shedding 217 ETH ($414K) in two months.

Price sits at $1906.49 on the 4h chart inside a bullish structure with EMA50 at $1889.56 and EMA200 at $1861.91 acting as layered support while MACD registers a golden cross at 3.43; testing the upper Bollinger Band at $1904.5 with RSI at 62.33 points to near-term volatility exhaustion and a probable pullback toward the 50-EMA before any fresh continuation in Ethereum swing trading.


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