Wu said that according to @EmberCN, a swing trader failed in his bet on Ethereum (ETH) to rise, which was his third loss in the 16th round of swing trading. The trader bought 10,364.2 ETH at $3,300 when the price of Ethereum reached $3,400 a week ago and then fell back, expecting the price to continue to rise; however, Ethereum subsequently fell back to $3,000, causing his trade to fall into a loss. Last night, the price of Ethereum briefly rebounded, and he chose to sell at $3,181, eventually losing $1.22 million. The trader's current swing record is 13 wins and 3 losses.