A certain address lost $1.48 million in ETH swing trading over 3 months

Odaily reported that according to Lookonchain monitoring, an address (0x806...2904) has been swing trading ETH with 4.38 million USDT since February 2. Over a period of more than 3 months, it cleared its ETH position 3 hours ago, leaving 3.4 million USDT, resulting in a loss of 1.48 million USDT.