Dormant Ethereum whales have apparently decided to toss their ETH overboard like soggy matzo at a budget buffet, causing a 6% plunge down to a knee-buckling $1,400. One brazen whale had been clutching 10,000 ETH for 900 days, only to unleash it all and still waltz away with a tidy $2.75 million in profits — talk about comedic timing! 😂
This splashing whale originally snagged those ETH tokens during the 2022 bear market at $1,295 a pop (add that up—no, seriously, someone, do the math…), and the total came to $13 million. However, when ETH hit a glorious $4,000, this whale decided to play the “Maybe I’ll hold forever, or at least till my grandchildren say otherwise” game. And now it’s dumping faster than a catapult launching watermelons!
Even more shocking is how ETH has tumbled 56% since the dawn of 2025, leaving folks everywhere feeling like they slipped on a banana peel straight into a kiddie pool. Long-term holders are getting twitchy, as those once-promising ETH returns are vanishing like a plate of cookies at a Mel Brooks premiere. 🍪
Trump’s World Liberty Financial Offloads ETH at Loss?
In another comedic twist, World Liberty Financial (yes, that Trump-backed crypto wonder) just sold 5,471 ETH for $8.01 million at $1,465 each. Sure, it once bragged about having 67,498 ETH at an average price of $3,259, but apparently the comedic meltdown was too enticing to resist. Could this be a frantic attempt to save face or just an Olympic-worthy dive off the high board?
Has Trump’s World Liberty(@worldlibertyfi) started selling $ETH at a loss?
According to Arkham, a wallet possibly linked to #WorldLiberty sold 5,471 $ETH($8.01M) at $1,465 30 minutes ago.#WorldLiberty previously spent ~$210M to buy 67,498 $ETH at an average price of $3,259,…
— Lookonchain (@lookonchain) April 9, 2025
So now everyone’s checking the couches for extra change, wondering if ETH might crash below $1,000. Maybe it’s time to visit a fortune teller? Ali Martinez, our crystal-ball-wielding crypto analyst, suggests that $1,200 could be the next safe spot. That’s still a big ouch, but at least it’s not as bad as ending up in a used car with no gas. 😅
Popular crypto analyst Ali Martinez noted that Ethereum could potentially find its footing at the $1,200 level next.
$1,200 could be where #Ethereum $ETH finds its footing!
— Ali (@ali_charts) April 8, 2025
Finally, rumor has it that Trump’s 104% tariffs on China just slapped the global economy across the face, likely to trigger a meltdown that might even overshadow that time your Aunt Edna lost her dentures in the punch bowl. Let’s all grab some popcorn, folks, because if the Fed doesn’t cut rates soon, we’re in for a show worthy of a Mel Brooks finale! 🍿
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2025-04-09 14:34