Ethereum whale sells ETH after 900 days, missing $27M possible peak profit

Quick Summary:

An Ether whale who had held 10,000 Ether for the last 900 days has sold their entire stash and missed out on a peak profit of $27.6 million when the cryptocurrency was worth over $4,000. The whale initially bought a total of 10,000 Ether (ETH) across two transactions in October and November 2022 for $13 million at the time for an average price of $1,295 per token, blockchain analytics service Lookonchain said in an April 8 X post.“He didn’t sell when Ether broke through $4,000.

Trump’s World Liberty Financial sells part of ETH stash In a separate April 9 post to X, Lookonchain said the Donald Trump-backed crypto project, World Liberty Financial (WLF), might have also sold some of its Ether stash at a loss. “A wallet possibly linked to World Liberty sold 5,471 ETH ($8.01M) at $1,465,” Lookonchain wrote.

Within the period that the whale wallet was holding its stack, Ether hit a high of $4,015 on Dec.9, CoinGecko data shows. Ether is sitting at around $1,426, down 24% over the last seven days amid a broader market sell-off sparked by the Trump administration’s sweeping global tariffs.

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Article Details

Author / Journalist: Cointelegraph by Stephen Katte

Category: Crypto

Markets: United States

Topics: Liberty Crypto Lookonchain Ether World Whale Stash April Worth Sold Million

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-09 @ 06:54:03 (1 weeks ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 406 words

Reading Time: 3 minutes read

Sentences: 16 lines

Sentence Length: 26 words per sentence (average)

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Copyright Owner: © Coin Telegraph

News ID: 27748962

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