An unidentified user sold 10,000 ETH at approximately $1578, securing a profit of $2.75 million. The coins were acquired in October-November 2022 at an average price of $1295.
After holding $ETH for over 900 days, a whale finally capitulated — selling all 10,000 $ETH($15.71M) today.
The whale originally bought 10,000 $ETH($12.95M) at an average of $1,295 on Oct 4 and Nov 14, 2022.
He didn’t sell when $ETH broke through $4,000.
But today, he exited… pic.twitter.com/KY7TZ02az4
— Lookonchain (@lookonchain) April 8, 2025
At its peak, the trader’s potential profit was 213% — approximately $40.55 million compared to the initial investment of around $12.95 million.
“He didn’t sell when Ethereum broke through the $4000 mark,” reported Lookonchain.
On April 9, the price of the second-largest cryptocurrency by market capitalization momentarily dropped to its lowest since March 2023, falling below $1400. The daily decline rate was 10%.
Separately, Lookonchain specialists recorded the sale of 5471 ETH ($8.01 million) from a wallet allegedly linked to the Trump family’s WLF, at $1465.
According to analysts, the address had accumulated a position of 67,498 ETH at an average purchase price of $3259, resulting in a loss of approximately $125 million.
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
Earlier, a market correction led to the liquidation of an Ethereum whale for $106 million.
In March 2025, Lookonchain identified the forced closure of a position of 67,675 ETH ($121.8 million). The user deposited 2000 ETH ($3.73 million) and 1.54 million DAI to lower the liquidation level to $1836.43, but spot market prices fell below this threshold.