Ethereum News Today: Crypto Trader Secures 45 Million Profit Amid 4 ETH Price Drop

Generated by AI AgentCoin World
Monday, Aug 18, 2025 2:06 pm ET1min read
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Aime RobotAime Summary

- Trader 0x8062 secured $4.04M profit by selling 2,277 ETH during Ethereum’s 4% intraday drop on August 18, 2025.

- Whale activity, including 0x89Da’s $93.5M position closure and re-entry, intensified downward pressure and market uncertainty.

- Another trader locked $6.86M gains after liquidating 66,749 ETH accumulated from a $125K initial investment over four months.

- Ethereum’s RSI decline to 60.81 and failed $4,700 support signaled potential bearish momentum amid $53B trading volume.

- The incident highlights crypto market volatility, where rapid price swings and slippage create both high-risk opportunities and strategic advantages.

A crypto trader identified by the address 0x8062 capitalized on Ethereum’s sharp price drop to secure a $4.04 million profit amid significant on-chain slippage [1]. On August 18, 2025,

Ethereum
fell nearly 4% within a short period, plummeting from an intraday high of $4,554 to as low as $4,260. In response, 0x8062 executed a panic sell of 2,277 ETH, worth $9.57 million, at a price of $4,203. Despite the heavy slippage caused by the fast-moving market, the trader still managed to lock in a healthy profit.

The sell-off was triggered by fears of further losses as large whale activity intensified the downward pressure. Whale wallet 0x89Da, for instance, closed a $93.5 million long position at a $6.6 million loss and immediately re-entered the market with a new $65.6 million ETH long [1]. These large transactions added to the market’s uncertainty, compelling other traders to act quickly to protect their positions.

Another trader, who had accumulated 66,749 ETH over four months from an initial investment of $125,000, closed their position to secure a $6.86 million profit [1]. This case reflects the potential for substantial returns in a bullish market but also highlights the risks associated with sudden price reversals.

Ethereum had previously reached $4,787 on August 13, but the correction that followed marked a short retracement. By the time of the report, Ethereum was trading at $4,329 with a 92% increase in trading activity compared to the previous day. Total trading volume exceeded $53 billion, while the market capitalization stood at $522.35 billion [1].

Technical indicators suggested a potential shift in momentum. The RSI was at 60.81, declining from an overbought position, which pointed to possible bearish control in the near term [1]. The $4,700 level had previously acted as a key resistance and support point, but failed to hold during the latest move [2].

The 0x8062 incident underscores the volatility and complexity of crypto trading during sharp price movements. On-chain slippage, often negligible in stable markets, can become a critical factor during corrections. The trader’s swift action turned a high-risk trade into a profitable one, illustrating both the opportunities and dangers present in fast-moving crypto markets.

Source: [1] Crypto Trader Gains $4M from ETH Price Slippage (https://www.cryptotimes.io/2025/08/18/crypto-trader-gains-4m-from-eth-price-slippage/)

[2] Ethereum Faces Resistance at Key Price Level (https://www.coinlive.com/news-flash/873229)