An Ethereum whale who held 10,000 ETH for nearly 900 days has sold their entire position, missing out on a potential peak profit of $27.6 million.
The investor originally acquired the Ether in October and November 2022 across two transactions totaling $13 million, paying an average of $1,295 per token, according to blockchain analytics platform Lookonchain.
Despite Ether soaring above $4,000 in late 2023, the whale did not exit at the peak. Instead, the sale was made on April 8 at approximately $1,578 per ETH, netting a profit of just $2.75 million.
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Ethereum Drops Amid Trump-Driven Market Turmoil
At its highest point during the whale’s holding period, ETH reached $4,015 on 9 December 2024. The token is trading at around $1,426, down 24% over the past week amid broader market turmoil triggered by global trade tensions under the Trump administration.
In a separate post, Lookonchain suggested that World Liberty Financial (WLF), a Trump-backed crypto initiative, may have sold some of its Ether holdings at a loss.
A wallet believed to be linked to the project offloaded 5,471 ETH for $8 million at a price of $1,465, significantly below its reported acquisition cost of $3,259 per ETH.
Has Trump's World Liberty(@worldlibertyfi) started selling $ETH at a loss?
According to Arkham, a wallet possibly linked to #WorldLiberty sold 5,471 $ETH($8.01M) at $1,465 30 minutes ago.#WorldLiberty previously spent ~$210M to buy 67,498 $ETH at an average price of $3,259,… pic.twitter.com/jPMqCiADvt
— Lookonchain (@lookonchain) April 9, 2025
Meanwhile, other whales have made sizable moves in response to the market slump. One whale injected 10,000 ETH—worth $14.5 million—to avoid liquidation on a $300 million DeFi position.
In another incident, a major Ether investor suffered a staggering $106 million loss after being liquidated on the decentralized finance (DeFi) lending platform Sky, as the price of Ethereum (ETH) plunged sharply on April 6.
As reported, the investor saw 67,570 ETH liquidated after the asset’s price dropped by nearly 14%.
In this whale’s case, the collateral ratio fell to 144% amid the ETH price decline. This triggered the liquidation process. The protocol seized the ETH and initiated an auction to recover the borrowed DAI, including fees. Any remaining collateral is returned to the user once the debt is repaid.
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Crypto Markets Slide As Tariff Shock Spurs Extreme Fear Among Investors
Cryptocurrency prices fell sharply on 6 April 2025 as US stock futures plummeted following the Trump administration’s announcement of sweeping global tariffs.
All countries were hit with a 10% baseline tariff, with China, the EU, and Japan facing even steeper rates. Bitcoin dropped over 6%. And Ether fell more than 12%, dragging the total crypto market cap down 8% to $2.5 trillion.
While prices began to recover slightly—Bitcoin rising to $78,500 and Ether to $1,594—market sentiment remained grim.
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Key Takeaways
- An Ethereum whale missed out on a $27.6 million peak profit after selling 10,000 ETH for just $2.75 million in gains.
- Another major ETH investor was liquidated on DeFi platform Sky, losing $106 million as the price of Ether plunged.
- The broader crypto selloff, triggered by Trump’s global tariff policy, has fueled extreme fear and sharp losses across markets.
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