What does it mean when a guy says he doesn't want to lose you?

Anonymous
Lately I’ve been casually seeing a guy who recently talked to a mutual friend saying he doesn’t want to ‘lose’ me. I know I’m not exactly super forward with my emotions, as I don’t know what I want. But to be fair, he told the person he doesn’t want a relationship, and isn’t sure if he has the drive to give me what I want/what I deserve. He knows I'm a flirt, and made comments about me talking to "too many guys" multiple times, even going as far as saying I should "cover up a bit more" and he's "just looking out for me."
What’s his deal, he likes me and doesn’t want to lose me, but doesn’t want a relationship either? Any clue what he may want?
What does it mean when a guy says he doesn't want to lose you?
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