Mysterious Whale Adds 3,000 ETH to Portfolio Five Hours Ago Amid Millions in Unrealized Losses

Whale Keeps Buying Despite Significant Unrealized Losses

According to latest on-chain monitoring data from renowned analyst @ai_9684xtpa, a major ETH bull recently added 3,000 ETH to their position at $1,919 per ETH five hours ago. This brings their single address long position back to 60,000 ETH.

Portfolio Structure Across Two Addresses

The whale maintains ETH holdings through two primary addresses:

• Address 0xa5B…01D41: Holding 60,000 ETH currently valued at $116M, with average entry price at $2,048.9 and unrealized loss of $6.36M
• Address 0x6C8…D84F6: Holding 45,000 ETH valued at $87.34M, with average entry price at $2,029.38 and unrealized loss of $3.869M

Market Context and Investment Strategy

Despite ETH's current price remaining below the whale's average cost basis, their consistent buying demonstrates strong conviction in Ethereum's long-term value. This contrarian approach in a volatile crypto market highlights both financial strength and independent market analysis.

Notably, the whale's total holdings of 105,000 ETH have a current valuation of $204M but face cumulative unrealized losses exceeding $10.229M, reflecting broader market challenges.