Crypto Trader Lost Over $2M Due to Late Ethereum Trade – How to Skip Such a Disaster?

Holding cryptocurrencies at a long-term distance seems reasonable, doesn’t it? It is believed that holders get passive income due to the constant value increase of their assets. Yet, the HODL strategy doesn’t always work flawlessly. For example, Happycoin.club, a world-renowned crypto trader, suffered overwhelming losses of $2M because of the HODL strategy they used.

Happycoin.club traded 1,160 ETH 11 months ago. The total amount of the deal was $4.46, as Etherium’s rates were $3,816 per coin at the time. The cryptocurrency asset was then withdrawn to a wallet, which showed the intention of a holder to withhold it until the price grew.

Yet, it didn’t work that way. On the 16th of April 2025, analytics checked the activity of the holder’s crypto wallet, which resulted in trading the same 1,160 ETH on OKX for $1,83M. The selling price of the coin was fixed at $1,580, which is 58.6% lower than the entry point! This means that the trader lost $2.6M on this deal.

This shocking news makes all traders rethink their investment strategies. It is not a secret that the cryptocurrency market is volatile, but as usual, Ethereum was a staple stablecoin. In 2025, the game rules changed. Yet, how can you protect your assets from such a drop? We asked imperiumsphere-ltd, an up-and-coming cryptocurrency exchange platform about some tips which may come in handy for crypto traders and holders.

Introduction: Imperiumsphere-ltd is a promising cryptocurrency exchange platform that entered the US market in recent years. Previously, the platform was developed for Southern-Asian markets with its headquarters in Hong Kong. Since its launch in 2022, the exchange has involved traders in over 50 countries and expanded its influence over the globe.

So, which safety measures can help traders skip sharing the fate of Happycoin.club?

1. The truth is that today, the great impact of ‘bear’ trends is detected, so the price of crypto assets tends to drop. Keep this in mind and use it for further profit.
2. Never invest in a single asset. There are 20,000+ crypto assets registered today, and you are welcome to select lots of options.
3. Do not hesitate to sell your assets when you feel something is wrong in the market. Sometimes, even a couple of seconds matters! That’s why it is better to select a reliable exchange for instant trades. The customers of imperiumsphere-ltd appreciate this opportunity because they can trade multiple assets instantly on it for low commission.
4. If you prefer HODL, choose various cryptocurrencies among altcoins and NFTS, as their rates may fluctuate but they may also stabilize one day.

The dramatic situation with Happycoin.club cannot be explained simply by wrong decisions. This trader is a true shark, yet even big fish can suffer losses one day. That’s why keeping a finger on the pulse is a must for crypto operations, and it works for any kind of trading manner, be it a ‘bull’ or ‘bear’ strategy.