Chain data shows a whale's position in 105,000 ETH has turned profitable after significant market movements. Initially facing over $10 million in unrealized losses, the address has now achieved a $1 million paper profit as Ethereum prices rebounded.
Whale Activity Amid Market Swings
This turnaround highlights both market volatility and the resilience of large holders. By maintaining their position through price fluctuations, the whale successfully navigated what was previously a high-risk exposure.
- Position size: 105,000 ETH
- Initial value: ~$215 million
- Peak unrealized loss: Over $10 million
- Current status: $1 million in unrealized gains