Whale Faces $216,000 Loss on ETH Holdings but Remains Committed to Long-Term Gains

Ethereum Whale's ETH Position Update

According to the latest tracking by on-chain analyst @ai_9684xtpa, a major Ethereum holder—previously known for making $14.26 million from WBTC trades—has been steadily accumulating ETH since 2026. The wallet now holds 13,700 ETH, valued at $43.91 million.

Just four hours ago, the address withdrew 1,000 ETH from Kraken and deposited the entire amount into Aave as collateral, signaling continued confidence in the long-term value of Ethereum despite current market conditions.

Strategic Positioning Amid Losses

With an average purchase price of $3,205 per ETH, the whale is currently sitting on an unrealized loss of $216,000. Yet its continued accumulation and staking actions suggest a strong belief in Ethereum’s future potential.

• Total Holdings: 13,700 ETH
• Total Value: $43.91 million
• Average Price: $3,205
• Current Unrealized Loss: $216,000

As market volatility continues, this whale’s moves offer valuable insights for the broader crypto community.