Whale sold 20,599 ETH in two days, earning $6.67 million, but the $40 million loss in April remains a concern.

2025-12-18 02:16:17

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【ChainNews】Big moves again in the past hour. The whale engaged in circular lending to go long on ETH (wallet address 0xa339) has been continuously dumping. It sold a total of 10,599 ETH at $2,825 per ETH, clearing nearly $30 million.

This guy has been active nonstop these past two days. Including previous sell orders, he has offloaded a total of 20,599 ETH in just 48 hours, with total sales reaching $59.09 million. From this operation, he made a profit of $6.67 million.

Sounds pretty good, right? But there’s an awkward point—let’s review the ledger again. Back in April, at the lowest price point, this whale took a loss, losing $40 million at that time. If we calculate like this, the $6.67 million profit from this wave still can’t make up for the previous hole.

Interestingly, even after this sell-off, he still holds 30,000 ETH. It seems this person has no plans to fully liquidate.

ETH-1.89%

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LowCapGemHunter

· 12-20 07:59

The 40 million pit can't be filled. The 6.67 million earned this time is like a drop in the bucket.

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CryptoFortuneTeller

· 12-19 15:40

Lost 40 million in April, now only making 6.67 million. This guy is really having a tough time... Still holding 30,000 ETH, hoping it will go up later.

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NftBankruptcyClub

· 12-18 21:53

Ha, another round of cutting losses show, 6.67 million sounds good, but how to fill the 40 million gap from April?

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FlashLoanKing

· 12-18 20:40

This whale is definitely亏麻了, earning 6.67 million can't cover April's gap... Still holding 30,000 ETH in hand, it seems they want to gamble one more time.

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GweiWatcher

· 12-18 02:45

This whale is really greedy. A 40 million gap can't be filled with just 6.67 million, and they still hold on to 30,000 coins, truly believing they can buy the dip.

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DecentralizeMe

· 12-18 02:45

6.66 million looks good, but after checking the ledger, the 40 million hole is still there. This is just outrageous haha

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HalfBuddhaMoney

· 12-18 02:33

This guy lost 40 million in April and has only now made 6.67 million. It's really embarrassing. He still has to keep holding onto 30,000 ETH to turn things around.

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PrivacyMaximalist

· 12-18 02:21

This whale is also suffering. After losing 40 million in April, they are now only making 6.67 million, which is barely a drop in the bucket...

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