Swing Trader's WETH Position Ends Dismally, Floating Gains of $2.87M Result in Only $30K Profit

GetRichLeek · 2026-03-16T22:20:01+00:00

A on-chain trader, nemorino.eth, experienced a reversal from a floating profit of 2.87 million to a floating loss of 470,000 during swing trading. Due to greed and not taking profits in time, they ultimately sold hastily during the decline, suffering heavy losses. This case warns investors to plan their take-profit strategies reasonably and avoid missing opportunities.

GetRichLeek

2026-03-16 22:20:01

Abstract generation in progress

A on-chain trader shared his real-life experience illustrating the cost of “greed” in swing trading. According to on-chain data monitoring, a trader named nemorino.eth continuously accumulated WETH at an average price of $3,085 from late 2024 to early 2025, buying a total of 9,043 tokens.

From $2.87 million unrealized profit to $470,000 unrealized loss: a reversal

After building the position, this WETH holding performed remarkably well. By mid-2025, the paper profit on the account reached an astonishing $2.87 million. For any trader, this was a moment to achieve a “small goal”—but our protagonist chose to hold.

Perhaps due to optimism about further gains, or waiting for a more perfect exit point, nemorino.eth missed this golden opportunity. The market did not develop as expected, and WETH began to decline. Recently, the trader finally decided to act—selling 3,000 WETH in a rush during the downtrend, ultimately earning only $30,000 in profit.

The brutal reality of swing trading

Even more painfully, the remaining 4,089.83 WETH is now in an unrealized loss of about $472,000. This story once again proves that even carefully planned swing trading strategies can fail during execution due to psychological factors or market changes.

For investors involved in swing trading, this case offers a clear warning: a reasonable take-profit plan should not be delayed indefinitely. Missing one opportunity could mean enduring multiple times the drawdown.

ETH8.43%

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