Whale trader loses $3.24M on leveraged ETH long within 14 hours near price peak

Trader address 0xa43d booked a realized loss of $3.24M within 14 hours after opening a long position on ETH near its recent peak, Lookonchain data cited by BlockBeats show. The address partially closed the position about 3 hours ago as ETH retreated, locking in a loss of $583,500. The trader still holds a long position of 11,793 ETH valued at $37.6M with an unrealized loss of $2.66M.