An Ethereum whale—yes, the digital kind holding 10,000 ETH—finally decided to cash in after 900 long days, only to miss a potential peak profit of $27.6 million. According to blockchain sleuths at Lookonchain (via an April 8 X post), the whale had initially snapped up the 10,000 Ether across two transactions back in October and November 2022 for a total of 13 million—averaging a cool $1,295 per token.
After holding $ETH for over 900 days, a whale finally capitulated — selling all 10,000 $ETH($15.71M) today.
— Lookonchain (@lookonchain) April 8, 2025
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
Alas, the whale didn’t jump when Ether soared past the $4,000 mark, and ended up selling at around $1,578 per coin. The result? A more modest profit of `2.75 million—hardly the blockbuster windfall that could have been secured when ETH briefly hit a high of $4,015 on December 9, according to CoinGecko. Now, with Ether languishing at roughly $1,426 (a 24% drop over the past week thanks to a broader market sell-off spurred by the Trump administration’s sweeping global tariffs), the missed opportunity stings even more.
Not to be outdone in crypto drama, Trump’s crypto-backed project, World Liberty Financial, also seems to be having a rough day. In an April 9 post, Lookonchain hinted that a wallet possibly linked to the disgraced project offloaded 5,471 ETH (valued at $8.01 million at the time) at 1,465 each—at a loss, apparently. Before this fateful sale, World Liberty Financial was holding a hefty stash of 67,498 Ether, purchased at an average price of $3,259 each.
Related news: Will a Break Above $4000 Usher the Next Ethereum All Time High
Has Trump's World Liberty(@worldlibertyfi) started selling $ETH at a loss?
— Lookonchain (@lookonchain) April 9, 2025
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
Meanwhile, the high-seas adventure of crypto whales continues. On April 7, one unidentified whale had to throw 10,000 Ether (worth over $14.5 million) into the mix to rescue a position of 220,000 Ether—valued at more than 300 million—from liquidation during the market’s bloodbath. And as if scripted by fate, another whale wasn’t as lucky, losing a staggering 67,570 Ether (about $106 million) on April 6 following a liquidation on decentralized lending platform Sky.

Disclaimer: All materials on this site are for informational purposes only. None of the material should be interpreted as investment advice. Please note that despite the nature of much of the material created and hosted on this website, HODL FM is not a financial reference resource and the opinions of authors and other contributors are their own and should not be taken as financial advice. If you require advice of this sort, HODL FM strongly recommends contacting a qualified industry professional.