A certain ETH Whale has sold 5,094 ETH again, with a total loss reaching 40 million USD.

GateUser-6433627c · 2025-04-09T05:20:13+00:00

[A certain ETH Whale sells another 5,094 ETH, with a total loss of 40 million USD] According to on-chain analyst Yu Jin's monitoring, "the Whale 0xa339 who goes long on ETH through circular lending" has cut loss again by selling 5,094 ETH to maintain position. His realized losses on ETH have reached as high as 40 million USD.On March 11, when ETH plummeted, he cut loss and sold 25,800 ETH to reduce the position liquidation line, resulting in an realized loss of 31.75 million dollars.◎As ETH continues to decline and approaches his liquidation line, he had to sell 5,094 ETH at a price of $1,471 five hours ago, converting it into 7.49 million USDT to repay the loan, reducing the Position liquidation price to $1,246.◎The ETH he holds was bought with leverage at an average price of $3,084 in July 2024. Currently, it is only the ETH sold in these two Cut Loss transactions.

GateUser-6433627c

2025-04-09 05:20:13

[A certain ETH Whale sells 5,094 ETH again, with cumulative losses reaching $40 million] According to on-chain analyst Yu Jin’s monitoring, “Whale 0xa339, who goes long on ETH through circular lending,” has cut loss by selling 5,094 ETH to maintain position. His realized losses on ETH have reached as high as $40 million. ◎The last time ETH fell sharply on 3/11, he cut meat and sold 25,800 ETH to lower the liquidation line of the position, resulting in a loss of $31.75 million. ◎As ETH continues to decline and approaches its liquidation line, he had no choice but to sell 5,094 ETH at a price of $1,471 five hours ago, converting it to 7.49 million USDT to repay the loan, lowering the position liquidation price to $1,246. ◎The ETH he holds was purchased with leverage at an average price of $3,084 in July 2024. The losses from just these two Cut Loss sales of ETH have resulted in a total loss of $40 million. ◎He currently has 30,000 ETH on Aave.

ETH-2,38%

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