Ethereum Big investor Loses $27.6M Opportunity Following Sale of 10,000 Ethereum Held for 900 Days

A prominent Ethereum large holder that had retained 10,000 ETH for close to 900 days has liquidated their full holdings, forgoing a possible maximum profit of $27.6 million.

This crypto holder initially acquired the Ether in October and November 2022 through two transactions amounting to $13 million, purchasing at an average price of $1,295 per coin, as reported by the distributed database analytics service Lookonchain.

Even though Ether surged past $4,000 in late 2023, the whale chose not to exit at the summit. Instead, the liquidation took place on April 8 at approximately $1,578 per ETH, yielding a profit of merely $2.75 million.

EXPLORE: Top New Cryptocurrencies to Consider in 2025

Ethereum Declines Amidst Trading market Upheaval Driven by Trump

At its peak during the whale’s holding duration, Ethereum touched $4,015 on December 9, 2024. Currently, the crypto token is trading near $1,426, a 24% drop over the last week due to widespread trading market instability caused by global trade disputes under the Trump administration.

In a different announcement, Lookonchain indicated that World Liberty Financial (WLF), a crypto initiative supported by Trump, may have liquidated some of its Ether assets at a rekt.

A digital wallet thought to be associated with the initiative sold off 5,471 Ethereum for $8 million at a rate of $1,465, substantially under its reported acquisition cost of $3,259 per ETH.

Has Trump’s World Liberty(@worldlibertyfi) begun to sell $ETH at a rekt?

Per Arkham, a crypto wallet potentially linked to #WorldLiberty disposed of 5,471 $ETH($8.01M) at $1,465 half an hour ago.#WorldLiberty had previously invested around $210M to purchase 67,498 $ETH at an average price of $3,259,… pic.twitter.com/jPMqCiADvt

— Lookonchain (@lookonchain) April 9, 2025

Meanwhile, other whales have made significant transactions in reaction to the declining trading market. One whale infused 10,000 ETH—valued at $14.5 million—to stave off liquidation on a $300 million DeFi position.

In another case, a prominent Ether trader sincurred a massive wrecked of $106 million after facing liquidation on the decentralized finance (Decentralized finance) lending network Sky, as ETH (Ethereum) prices saw a sharp drop on April 6.

As highlighted, this crypto holder had 67,570 ETH liquidated following a nearly 14% fall in the asset’s price.

In the case of this large holder, the collateral ratio dipped to 144% during the decline in Ethereum prices, triggering the liquidation mechanism. The network appropriated the ETH and began an auction to recover the borrowed DAI, along with associated fees. Any surplus collateral is returned to the user after the debt is settled.

EXPLORE: Top 10 AI Crypto Coins to Consider in 2025

Crypto Markets Decline As Tariff Shock Causes Crypto holder Anxiety

Cryptocurrency values plunged on April 6, 2025, after US stock futures nosedived following the announcement of extensive global tariffs by the Trump administration.

A 10% baseline tariff was imposed on all nations, with China, the EU, and Japan faced with even higher rates. BTC fell by over 6%. Ether dropped more than 12%, culminating in an 8% reduction in the total trading market cap to $2.5 trillion.

While prices seemed to recover slightly—Bitcoin rising to $78,500 and Ether to $1,594—overall crypto market sentiment remained downtrend.

DISCOVER: Top Meme Crypto token ICOs to Invest in April 2025

Join The 99Bitcoins Announcement Discord Here For Up-to-Date Crypto market Insights

The post Ethereum Large holder Loses Out On $27.6M Peak Profit After Selling 10,000 Ethereum Held For 900 Days appeared first on 99Bitcoins.