Ethereum Whale Keeps Loading Up: Snagged Another 5,500 ETH in Latest Exchange Withdrawal

ser_ngmi · 2026-01-12T06:39:03+00:00

A major ETH whale recently withdrew 5,500 ETH, totaling about $16.09 million, continuing a pattern of accumulation since December 5th. Overall, the whale has withdrawn 34,415.46 ETH, valued at $107 million, despite current paper losses, indicating long-term confidence in Ethereum's potential.

ser_ngmi

2026-01-12 06:39:03

Abstract generation in progress

Latest Move: A major ETH whale just pulled another 5,500 ETH off exchanges—that’s roughly $16.09 million at today’s prices. The withdrawal happened just an hour ago, signaling renewed accumulation interest after a brief three-day pause.

The Bigger Picture: This isn’t a one-off move. According to on-chain data tracked by analyst Ai Auntie, this same whale has been systematically withdrawing ETH since December 5th. Over that period, the total withdrawal tally stands at an impressive 34,415.46 ETH, valued at approximately $107 million. The sheer volume suggests a deliberate long-term accumulation strategy rather than reactive trading.

Cost Analysis: Here’s where it gets interesting—the whale’s average entry point sits at $3,131.11 per ETH. With Ethereum currently trading around $3,160K, the whale is sitting on an underwater position of roughly $7.162 million on this accumulated position. Despite the temporary loss on paper, the consistent pattern of withdrawals from exchanges indicates conviction: the whale continues to move holdings into self-custody, a classic accumulation signal in crypto markets.

The takeaway? When major holders keep adding to their bags regardless of short-term price movements, it often signals confidence in medium to long-term upside potential.

ETH6,56%

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