2026-01-13 15:24:59

Once again, a giant whale is increasing its ETH holdings! This major investor just built a position last week, and today they withdrew 1,299.6 ETH from a certain exchange, with an approximate value of $3,129.64 per ETH.

If you ask whether this guy is really confident in ETH—since December 5, 2025, the total accumulated position has skyrocketed to 51,451.6 ETH. This investment is no small amount, totaling $161 million, with an average cost basis around $3,117.3.

However, speaking of the current situation, it’s a bit stressful for this whale. The current unrealized loss is $940,000, which is secondary. The more painful part is that compared to ETH’s short-term high last week, the unrealized profit has already retraced by over $9 million. It seems that the bet on this rally is hitting some resistance, but based on the continued accumulation actions, this whale still appears to be betting on further upside.

ETH7,37%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

13 Likes

Reward
13
6
Repost
Share

Comment

0/400

SmartContractPhobia

· 6h ago

Wow, 161 million invested and still adding more. This guy must really be blind with greed. Daring to buy with a floating loss of 9 million? I don't have that courage. This is called faith recharge—either get rich or get out.

View OriginalReply0

GasFeeTherapist

· 6h ago

This whale is really bold, with a floating loss of nearly 10 million and still adding to the position. Is it true conviction or caught in a trap? Now that the correction is so fierce, if you buy more, it really depends on whether it can turn around later. Spending 161 million just to gamble on a rise? I don't have that courage. This guy's average cost is 3117. How much pressure must he be under now... Adding to the position is okay, but entering at this time feels a bit aggressive. Whales can also miss the boat; this wave looks a bit uncertain.

View OriginalReply0

LowCapGemHunter

· 6h ago

This whale really dares to spend money, throwing out $161 million like it's nothing... I think he's betting that it will keep rising later. If you say he has no confidence, that's not right either. He's already lost 9 million and is still adding to his position. Either he's a genius or he's really foolish. But holding over 51,000 ETH in hand, anyone would be sweating bullets. I just want to know what his psychological price point really is. It can't keep going like this forever.

View OriginalReply0

MoodFollowsPrice

· 6h ago

Wow, this guy is really bold. Going all-in with 161 million on ETH. I was sweating just watching him. The big players are still holding on tightly, feeling like they're betting on a rebound later, otherwise why keep adding positions with such unrealized losses? This rhythm... is it really bottom-fishing or just faith in the rebound? It's making me feel a lot of pressure just watching.

View OriginalReply0

BearMarketSurvivor

· 6h ago

Wow, $161 million invested and still daring to add more? This guy must either have a screw loose or really see something we can't see. This is faith. Even with unrealized losses approaching ten million, he's still pouring in. Honestly, I can't learn to do that. A 9 million drawdown, does it hurt... but this whale is still buying, which is interesting. The buying action hasn't stopped, proving that they are still bullish in their mind, but right now it's a bit awkward. Average cost is 3117, at this current price, it really tests mental resilience.

View OriginalReply0

MEVHunterZhang

· 7h ago

This guy is really going all in, throwing in $161 million, and still adding to his position despite the unrealized losses. He's either a gambler or truly believes ETH can turn around.

View OriginalReply0