2026-01-03 05:20:10

On-chain data shows that a whale account holding approximately $636 million worth of ETH long positions has recently attracted attention. Since the recent low point, the floating profit of this address has reached nearly $70 million, but with the recent market correction, the overall position has approached break-even. Interestingly, this account has established a connection with a well-known individual through an on-chain transfer. This change reflects the current volatility of the ETH market—even large holders are experiencing significant profit-taking.

ETH0,32%

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NotFinancialAdvice

· 01-06 04:23

Floating profit of 70 million directly wiped out to break even? This wave of market really is intense; even whales can't hold on.

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AirdropHunterKing

· 01-03 05:49

Over 600 million and it can still break even, this market correction is really intense, even the whales have to take the hit with us.

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LostBetweenChains

· 01-03 05:45

Haha, even whales are losing money. It seems no one can escape this wave of decline.

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AirdropDreamBreaker

· 01-03 05:38

Damn, $70 million directly wiped out to zero. This is the joy of holding coins, haha.

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CryptoNomics

· 01-03 05:36

honestly the unrealized P&L oscillations here are textbook mean reversion behavior... if you actually ran a proper regression analysis on whale accumulation patterns, you'd see this volatility is statistically insignificant relative to the macro trend

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PonziDetector

· 01-03 05:29

Still have to keep holding despite losing so much, I really can't take it anymore...

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