An Ethereum trader, who previously held a profit of over $8 million, is now facing a $2.9 million loss as Bitcoin's price fell below $80,000. The trader had invested in 80,000 ETH at an average entry price of approximately $2,265. The recent market downturn has pushed the position back underwater, highlighting the volatility and risk in cryptocurrency trading.
Ethereum Bull Faces $2.9 Million Loss as BTC Drops Below $80,000
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