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A perfect example of how even profitable traders get dragged into the market’s emotional trap.🤙
Seventeen hours ago, the wallet 0xa43d…7d28 finally closed an $ETH long it had been riding for almost four days, locking in a massive $1.285M profit.
At its peak, that same position was up $5.3M, so the exit came after a huge drawdown… but still, a win is a win.
And then the classic mistake: Instead of cooling off after securing the bag, the trader jumped right back in, opening two fresh longs during the pullback, clearly trying to catch the continuation.
Both trades reversed. Both got stopped out. Both booked losses.
Total give-back: nearly $230,000
So across all three #ETH longs combined: $1.285M gain, $230K loss
📌 Net result: profit of $1.055M
Revenge trades after closing the winner. A masterclass reminder straight from the blockchain: Winning trades don’t hurt… it’s what you do immediately after them that does.
Wallet for reference: 0xa43d75213160Aff6dB3b9761DD5AC4Fb4FA57d28
The next trade from this account will be interesting, whether they continue chasing momentum, or step back and reset their mindset.