BORROWED TO BUY $ETH AT $3,084 — NOW FORCED TO SELL AT $1,471 😓

Taking a loan to trade big? It’s all good—until it’s time to pay back.

A whale who once #borrowed 80.91M USDT to scoop up 26,235 ETH at $3,084 back in July 2024 is now facing a brutal reality.

March 11: He sold 25,800 #ETH for 47.8M USDT at $1,853 to repay part of the loan.

Today: He offloaded another 5,094 ETH ($7.5M) at $1,471 to cover more debt.

Total loss? Nearly $40M.

Whale wallet: 0xa339d279e0a3a9ede11eceac2ec9529eebdae12c

Sometimes, leverage amplifies gains — but when it turns against you, it digs deep.