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A whale sold 5,094 ETH for $1,471 to pay off debt

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2025-04-09 06:25:07
According to Lookonchain, a "whale" sold 5,094 ETH (worth about $7.50 million) for $1,471 today to pay off debt.
He originally bought 26,235 ETH at $3,084 on July 5, 2024, for which he borrowed $80.91 million in USDT.
On March 11, 2025, he sold 25,800 ETH for $1,853 in exchange for $47.80 million in USDT to pay off some of his debt.
The "whale" lost about $40 million on ETH.
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