The Ethereum Whale has launched a $7.5 million sale, including ETKEN, $1,471, today for $5,094, to pay off its debt at its current fees based on chain analysis. The whale's economic losses increased significantly after a sustained decline in Ethereum prices in its debt service operations.
The whale sold $5,094 ($7.5 million) today for $1,471, again paying off its debt.
He originally borrowed 80.91mm $USDT to buy a $26,235 ETH on July 5, 2024 for $3,084.
On March 11, he sold $25,800 ETH for $1,853 for 47.8m $USDT to pay off some of his debts.
Whale is $eth. …pic.twitter.com/atzmmvhvud I lost $40 million
– lookonchain (@lookonchain) April 9, 2025
The costly investment was wrong
The Whale purchased the $3,084 ETH on its first USDT loan when Ethereum peaked annually on July 5, 2024. On March 11, 2025, the whales reduced their holdings to $25,800 ETH through a sale that generated USD 47.8 million at a price of $1,853 to reduce their borrowings.
The ETH token, totaling $5,094, was sold by investors at a market price of $1,471, and put pressure on the Ethereum price, which fell to $1,471 after reaching the purchase value.
Market pressure and financial burden
Ethereum's price struggle received extensive documentation as the platform reduced network activity after Dencun, reduced transaction fees and the network faced inflationary pressure several months ago.
Investing using leverage to volatile markets led to a $40 million loss in whale assets. As $ETH has experienced a significant price drop, the remaining assets owned by whales are expected to face more pressure as the market handles $1.38 billion liquidation on all tokens, of which $393.6 million is $ETH.
Caution for Crypto Investors
Users of crypto assets as collateral face serious market risks, while market value declines according to the cases presented. This situation reveals the high risk of leveraged trading as it generated a $40 million loss following Ethereum price problems.
As sentiment analysis reports 20 ratings for the Fear & Greed Index, investors tracking the recovery in the Ethereum market shows that whales will adapt to the current bear market below $1,471.