Ethereum Whale Sells $7.5M in $ETH to Repay Debt, Faces $40M Loss Amid Price Slump
An Ethereum whale conducted a $7.5M sale involving 5094 $ETH tokens at $1471 today to pay back debts at current rates based on on-chain analysis. The whale’s financial losses increased significantly after the sustained Ethereum price decline occurred within their debt repayment operations.
A Costly Investment Gone Wrong
The whale borrowed an initial 80.91 million USDT loan through which they purchased $3,084 $ETH when Ethereum reached its yearly peak on July 5, 2024. The falling value of $ETH forced whales to liquidate their assets to cover their debts. On March 11, 2025, the Whale reduced their holdings to 25,800 $ETH through a sale that yielded 47.8 million USDT at a $1,853 price to decrease their borrowing amount.
A total of 5,094 $ETH tokens were sold by the investor at the market price of $1,471 creating more pressure on Ethereum prices which diminished to $1,471 after reaching its purchase value.
Market Pressures and Financial Strain
Ethereum’s price struggles have received extensive documentation because the platform experienced diminished network activity after Dencun, transaction fees decreased, and the network faced inflationary pressure months ago.
Investing with leverage in a volatile market triggered the whale’s loss of $40 million in his assets. Since $ETH experienced significant price drops, any remaining assets owned by the whale are expected to face more pressure as the market deals with widespread $1.38 billion in liquidations across all tokens with $393.60 million of those being $ETH.
A Cautionary Tale for Crypto Investors
Users of crypto assets as collateral face severe market risks while market values decline according to the presented case. This situation reveals the high dangers of leveraged trades because it produced a $40 million loss following Ethereum price problems.
Investors tracking Ethereum market recovery signals that whales adapt to current bear markets below $1,471 as sentiment analysis reports a 20 rating on the Fear & Greed Index.
GSR Whale Deposits 4 Million WCT to Binance, WalletConnect Token Inflows Surge
GSR transferred $1.61 million WCT to Binance. The whale moved the funds on-chain to enable trading. ...
HeLa Space Partners CoinEx Indonesia to Advance Web3 Growth In Asia
This latest partnership between HeLa Space and CoinEx Indonesia focuses on boosting and redefining W...
Bitcoin Reclaims Key Support and Breaks Trendline as Traders Eye $88K Resistance Zone
Bitcoin ($BTC) breaks multi-month downtrend, retests $84K support, and holds macro uptrend as trader...