2025-12-26 22:23:07

## Major ETH Position Holder Adds to Bullish Bet Amid Market Volatility

On August 26, on-chain tracking data revealed that a prominent whale trader has further expanded their Ethereum holdings across two addresses. The combined position now reaches 536.12 ETH valued at approximately $2.37 million, according to Deep Tide TechFlow's analysis.

Despite the substantial size of this long position, the trader is currently facing an unrealized loss of $69,000. This notable drawdown reflects the volatility in ETH pricing over recent periods. Given the current ETH price point of around $2.93K, this accumulation strategy suggests the whale remains confident in Ethereum's medium-term prospects.

The decision to add to a losing position is a closely watched signal in crypto markets. Whale accumulation phases often precede significant price movements, making this on-chain activity a key metric for traders monitoring institutional sentiment. Analysts continue tracking such major position adjustments as they can indicate shifting market dynamics and conviction levels among sophisticated investors.

ETH0,16%

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