WETH holders' textbook mistake: 2.87 million in unrealized gains ultimately turn into 470,000 in unrealized losses

SignatureVerifier · 2026-01-21T02:22:10+00:00

A swing trader started buying WETH at an average price of $3085 in late November 2024. The unrealized profit once reached $2.87 million, but due to not taking profits in time, they only sold 3,000 tokens for a $30,000 profit, with the remaining holdings incurring a loss of approximately $472,000. This reflects how investors often lose their composure when prices are high.

SignatureVerifier

2026-01-21 02:22:10

Abstract generation in progress

【Crypto World】A swing trader started accumulating WETH at the end of November 2024, taking nearly two months to buy a total of 9,043 units at an average cost of $3,085 each. By mid-January, this investment had a paper profit of up to $2.87 million, almost becoming a perfect trading case. But at a critical moment, there was no take profit.

Instead, 12 hours ago, during a decline, the trader hurriedly exited the position, selling only 3,000 WETH, resulting in a realized profit of just $30,000. The remaining 4,089.83 ETH is still held, with a current loss of about $472,000.

From a paper gain of $2.87 million to a real loss of $470,000, this operation is quite ironic—many investors tend to panic at high levels and sell prematurely when they should be holding. The trader’s experience might offer some insights to friends pursuing swing gains.

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GasDevourer

· 4h ago

This guy is truly a textbook example of a reverse operation. He couldn't hold onto 2.87 million and ended up losing 470,000. How much can one mess around... The cost of greed is indeed deeply engraved, almost completely swallowed. Paper gains are like illusions; a wave of correction clears everything out. That's the charm of crypto, right? Selling 3,000 units to cut losses was actually the most regrettable decision. So awkward. I understand the mentality explosion at high positions, but who understands the mentality explosion at low positions... Holding onto 4,089 ETH through thick and thin—how strong must one's mental resilience be?

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tx_or_didn't_happen

· 01-21 02:51

2.87 million to -470,000, how intense must this rollercoaster of mentality be... At critical moments, greed still takes over.

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TokenDustCollector

· 01-21 02:42

2.87 million to -470,000... This is what you call turning a good hand into a dog, truly incredible.

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