Another major whale has made a move. This large holder recently purchased 10,000 ETH in bulk, bringing their total holdings to 40,000 ETH. At the current price, their asset value exceeds $127 million. Interestingly, this whale's average cost basis is only $3,241 per ETH—in other words, their unrealized gains are quite substantial. What further illustrates their prowess is that they have already realized profits of $96.67 million through strategic trading of Ethereum. Such a holding size and level of operation are indeed worth the attention of market participants.