🎉 Gate.io Growth Points Lucky Draw Round 🔟 is Officially Live!
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⏰ Ends on May 4, 16:00 PM (UTC)
Details: https://www.gate.io/announcements/article/44619
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A whale sold 5094 ETH for $1471 to pay off debt.
According to a report by Jinse Finance, Lookonchain monitored that a "Whale" sold 5,094 ETH (worth about 7.5 million USD) today at a price of 1,471 USD to repay debts. He initially purchased 26,235 ETH at a price of $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 each, receiving $47.8 million in USDT to repay part of his debt. This "Whale" has lost about 40 million dollars on ETH.