DeFi pioneer pays $50,000 after a poor bet on ether

Kain Warwick made a $50,000 bet on Ethereum’s price, forecasting it would reach $25,000 by 2025. However, as of December 31, 2025, ETH’s trading price was approximately $2,980, signifying a 13.7% decrease from earlier in the year.

Recent market movements, including a $19 billion liquidation, pressured Ether down to $2,767. Warwick has adjusted his estimate for 2026, now expecting ETH to be valued around $10,000, amidst other recent upgrades for improved transaction capabilities.

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