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Trader Loses $618.5K Through Poor ETH Sale and Oil Long Position Timing

ethereum news Stocks Commodities

2026-04-14 01:54:30

ETH2.75%

HYPE3.82%

Gate News message, a trader with address 0x18b0 incurred significant losses through two consecutive trading decisions. The trader sold 499.9 ETH for $1.1M at $2,197 before ETH price increased, resulting in a loss of $82.5K. Subsequently, the trader opened a long position on oil immediately before its price decline, losing an additional $536K. According to Lookonchain, the trader initially sold 499.9 ETH ($1.1M) on HyperLiquid and opened a 10x long position on 100,000 xyz:CL ($9.52M), with the position down $257K and liquidation price at $89.99.

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