Whale sells ETH after 900 days, miss out on the highest potential profit of 27 million USD

A "whale" Ether, who has held 10,000 ETH for the past 900 days, has sold all of his Ether and missed out on an opportunity to earn up to 27.6 million USD as the value of this cryptocurrency surpassed the 4,000 USD mark.

This whale initially bought a total of 10,000 Ether in October and November 2022 for a value of 13 million USD at that time, equivalent to an average price of 1,295 USD per token, according to blockchain analytics service Lookonchain in a post on X on April 8.

"He did not sell when Ether surpassed the 4,000 USD mark. But today, he has exited with a profit of 2.75 million USD. The profit at its peak was 27.6 million USD," Lookonchain reported.

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

According to Lookonchain, this whale sold when the price of Ether was around 1,578 USD. During the time this whale's wallet held its Ether, Ether reached a peak of 4,015 USD on December 9, according to data from CoinGecko.

Currently, the price of Ether is fluctuating around 1,426 USD, down 24% over the past 7 days, due to a large sell-off in the market triggered by global tariffs from President Trump's administration.

ETH reached its all-time high price of 4,878 USD on November 10, 2021, about a year before this whale made its first purchase.

World Liberty Financial sells a portion of ETH reserves

In a separate post on April 9 on X, Lookonchain stated that the cryptocurrency project backed by Donald Trump, World Liberty Financial (WLF), may have also sold some of its Ether reserves at a loss.

Lookonchain wrote: "A wallet possibly related to World Liberty sold 5,471 ETH (8.01 million USD ) at a price of 1,465 USD."

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

Before the sale took place, Lookonchain reported that World Liberty Financial held 67,498 Ether and purchased it at an average price of 3,259 USD.

Two other whales are also making significant moves amid the volatile market, causing some traders to buy in as prices drop.

On April 7, an unidentified cryptocurrency whale had to pump 10,000 Ether – worth over 14.5 million USD, to save their position of 220,000 Ether ( worth over 300 million USD ) from being liquidated amid a market downturn.

Another whale was not so lucky, losing 67,570 Ether on April 6, worth approximately 106 million USD, as their significant position on the decentralized finance lending platform Sky was liquidated.

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