Whale's ETH Accumulation Details Revealed
According to on-chain analysis, a crypto whale that previously purchased 10,870 ETH at around $4,388.93 four months ago has recently added 5,000 more ETH to its holdings from Binance. The average cost of its total position has now decreased to $3,930.27. At current market prices, the wallet still holds unrealized losses amounting to $15,825,000.
Impressive Trading History
This address had previously withdrawn 32,416.5 ETH at an average price of $1,865.68 between April and June 2023. Then, between March 2024 and September 2025, it reportedly sold 30,878 ETH at around $2,944.71, generating profits of $33,318,000.
Market Implications
- The whale's accumulation pattern might indicate a long-term bullish stance
- Its history of well-timed trades is drawing investor attention
- ETH price movements could potentially be influenced by such large holders