An Ethereum whale just sold their entire stash after holding on for over 900 days. This whale had 10,000 Ether, initially bought for about $13 million in late 2022 at an average price of $1,295 per token.
So with selling, they missed out on $27.6 million profit by not selling when Ether hit its peak above $4,000.
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
Good entry, bad stop
Imagine having a chance to rake in nearly $30 million but walking away with just $2.75 million. It’s like winning the lottery but only cashing in a scratch-off ticket.
The whale sold their ETH at around $1,578, a far cry from the peak of $4,015 on December 9, 2024.
Confidence
Ethereum’s price has been on a volatile path, plummeting 24% over the past week due to global market turmoil sparked by the Trump administration’s tariffs. It’s like watching a stormy sea, unpredictable and treacherous.
Even Trump’s own crypto project, World Liberty Financial, might have sold some Ether at a loss, which doesn’t exactly inspire confidence.
Other whales aren’t faring much better. One had to inject $14.5 million worth of Ether to avoid liquidation, while another lost a $106 million position when their position was liquidated. It’s a bloodbath out there, guys!
Lesson
So, what can we learn from this tale of crypto? Timing is everything, and even the big players can get it wrong.
It’s a reminder that the crypto market is as unpredictable as one can imagine. And no, whales aren’t always right.
In the end, even they can’t avoid getting caught in the undertow of market chaos.
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