According to on-chain data, a well-known ETH whale has resumed adding to their position over the past 3 days. Just an hour ago, they withdrew 5,500 ETH from a major exchange, worth approximately $16.09 million USD. Since December 5th, this whale has withdrawn a total of 34,415.46 ETH from exchanges, with a total value of $107 million USD, and an average cost basis of around $3,131.11.
Interestingly, at the current market price, this position is already in unrealized loss — a loss of $7.162 million USD. Is this a bottom-fishing move or simply a matter of steadfast belief? Based on the ongoing withdrawal pace, it seems this large holder is providing an answer through their actions. In a highly volatile market, the flow of large holdings often reflects deeper market expectations.
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ImpermanentLossFan
· 5h ago
Losing over 7 million in unrealized losses and still aggressively buying coins—does this guy truly believe or is he just a gambler?
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TerraNeverForget
· 5h ago
Whales still dare to increase their positions despite being in a loss, I really can't learn this mindset.
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TokenRationEater
· 5h ago
Whale lost 7.16 million but is still buying aggressively? It's either faith or they know something we don't.
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MonkeySeeMonkeyDo
· 5h ago
This guy really has faith. Losing over 7 million, yet still adding to his position. I've already taken off my pants just waiting for the rebound.
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AirdropATM
· 5h ago
Still adding to a floating loss of over 7 million? Is this guy truly committed or just gambling mentality? Can't hold on much longer.
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SerumSquirrel
· 5h ago
Bro, this big player is really bold. Still stubbornly fighting with a floating loss of over 7 million. Is this what you call faith?
Ethereum whale movements show new changes.
According to on-chain data, a well-known ETH whale has resumed adding to their position over the past 3 days. Just an hour ago, they withdrew 5,500 ETH from a major exchange, worth approximately $16.09 million USD. Since December 5th, this whale has withdrawn a total of 34,415.46 ETH from exchanges, with a total value of $107 million USD, and an average cost basis of around $3,131.11.
Interestingly, at the current market price, this position is already in unrealized loss — a loss of $7.162 million USD. Is this a bottom-fishing move or simply a matter of steadfast belief? Based on the ongoing withdrawal pace, it seems this large holder is providing an answer through their actions. In a highly volatile market, the flow of large holdings often reflects deeper market expectations.