{"id":157461,"date":"2025-05-19T11:00:03","date_gmt":"2025-05-19T08:00:03","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=157461"},"modified":"2025-05-19T02:31:02","modified_gmt":"2025-05-18T23:31:02","slug":"ethereum-whale-exits-with-2m-loss-despite-market-surge","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/ethereum-whale-exits-with-2m-loss-despite-market-surge\/","title":{"rendered":"Ethereum Whale Exits with $2M Loss Despite Market Surge"},"content":{"rendered":"

According to blockchain tracking data from Lookonchain<\/a><\/strong>, the whale offloaded 10,543 ETH worth around $26.1 million between May 16 and 17. The coins were sold at an average price of $2,476\u2014below recent price levels\u2014suggesting the trader exited at a disadvantage compared to where Ethereum had been trading.<\/p>\n

The liquidation was executed using decentralized platforms, with the seller employing the 1inch aggregator to convert wrapped Ethereum (WETH) into stablecoins such as USDC and USDT. A series of large swaps, mostly processed within a single hour, marked the rapid exit.<\/p>\n

This selloff took place as the broader crypto market experienced a minor cooldown, and although Ethereum held relatively steady above $2,500, the whale opted not to ride out the dip.<\/p>\n