On January 14, on-chain analytics revealed that a high-profile whale address executed two rapid consecutive transactions, significantly increasing its long position in Ethereum. The entity added approximately 3,007 ETH—worth over $10.06 million—sparking renewed market interest in large-scale crypto accumulation trends.
Strategic Position Building Enhances Risk Resilience
Following the adjustments, the whale's average entry price for its ETH longs rose slightly from $3,329.91 to $3,332.55. While marginally higher, this refinancing strengthens the overall position integrity. The total exposure now stands at around $53.26 million, reflecting growing confidence in ETH’s upward trajectory.
- Unrealized profit reaches $136,000, indicating favorable risk-reward positioning
- Estimated liquidation price climbs to $3,090, widening safety buffer
- Quick-timed entries suggest advanced market timing and execution capability
Historically, this address has demonstrated sharp market foresight, including major purchases during prior downturns. The latest move may signal expectations of a breakout, potentially influencing broader investor sentiment as momentum builds.