- A whale’s ETH trading loss, blockchain analysis by Yu Jin, and market effects.
- Whale suffers huge $42 million loss.
- No major government or regulatory reactions reported.
A large Ethereum trader experienced significant losses, totaling about $42.64 million, after high-volume trading moves between April and May 2025. Blockchain analyst Yu Jin reported these events based on on-chain data. This scenario underscores the volatility and financial risks faced by high-volume cryptocurrency traders.
On April 23, a major player sold 50,754 ETH at $1,754, equivalent to $89.03 million USDT partially using borrowed coins. By May 30, the same USDT amount garnered only 34,343 ETH at $2,592. This resulted in a net loss of 16,452 ETH. Market adjustments and supply fluctuations impact asset prices. While ETH holdings shrank to $50.04 million, broader market stability appears unaffected. Notable figures have not publicly commented despite potential volatility and liquidity shifts. Blockchain communities and analysts monitor whale activities closely.
Whale Liquidates 50,754 ETH, Suffers $42 Million Loss
On April 23, a major player sold 50,754 ETH at $1,754, equivalent to $89.03 million USDT partially using borrowed coins. By May 30, the same USDT amount garnered only 34,343 ETH at $2,592. This resulted in a net loss of 16,452 ETH. Market adjustments and supply fluctuations impact asset prices. While ETH holdings shrank to $50.04 million, broader market stability appears unaffected. Notable figures have not publicly commented despite potential volatility and liquidity shifts. Blockchain communities and analysts monitor whale activities closely.
While ETH holdings shrank to $50.04 million, broader market stability appears unaffected. Clearer transparency standards remain pivotal.
“The whale’s actions involved trading large amounts of ETH and USDT, resulting in a significant realized loss of over $42 million.” – Yu Jin
Ethereum Market Indicators Post Whale Trade
Did you know? The $42.64 million loss aligns with past whale sell-offs, illustrating risks in rapid trading strategies.
CoinMarketCap reports Ethereum’s price at $2,527.52 with a market cap of $305.13 billion and a circulating supply of 120.72 million ETH as of May 30, 2025. The market’s 24-hour trading volume dropped 7.22% to $24.89 billion, reflecting a 4.12% one-day price decline. Coincu analysts highlight challenges tied to large trades affecting liquidity.
Regulatory responses might evolve as markets adapt, but clearer transparency standards remain pivotal.
Source: https://coincu.com/340776-ethereum-whale-major-loss-trade/