Market monitoring data shows that an important whale address is adjusting its strategy. This address previously made nearly one billion dollars trading ETH in swings, but recently got caught in a trap while going long on BTC in a contract, losing 3.8 million dollars. Interestingly, after the loss, it did not become discouraged; instead, it continued to add to its position.
This morning, it closed its position and stopped the loss on Hyperliquid, then poured the remaining 31.7 million USDC into ETH, buying 10,000 ETH in one go. Currently, this address holds 40,000 ETH, with an account value reaching $127 million, and an average cost basis of $3,241. From the trading trajectory, this whale’s confidence in ETH remains intact, even after a setback with BTC contracts, it continues to deploy. This persistent behavior of adding to positions is worth the attention of market participants.
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ReverseTradingGuru
· 01-08 06:57
Haha, 31.7 million dollars to go all-in on ETH? This whale really has guts.
Losing 3.8 million but still daring to add positions, if I were like that, I would have gone bankrupt long ago.
Whether ETH can rise depends entirely on this guy.
Big investors are all bottom-fishing, while retail investors are still hesitating.
This rhythm, feels like we're about to be harvested again.
Average cost is 3241, indicating they've been lurking for a while, milking BTC while still stacking ETH.
Damn, I gotta follow the whales to make a living.
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FUDwatcher
· 01-08 06:57
Still risking 3.8 million on ETH despite losing, this mental toughness is incredible. I need to learn from it.
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AirdropHunter
· 01-08 06:50
Hmm... Losing 3.8 million and still continuing to invest, this mentality is really extreme.
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Even the whales are bottom fishing ETH, and I, as a retail investor, am still watching the market and smiling foolishly.
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10,000 ETH in one go, my goodness, this is a gap I can never catch up to.
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If it’s a loss, so be it. Keep adding to the position. That’s the true spirit of a gambler.
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Cost basis of 3241? This big brother really believes in it.
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After stopping the loss, still able to enter at 3170, anyway it’s not my money, so I’m not worried.
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Why does the market always rise after I stop out? Can whales still profit after stopping out?
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A $1.27 billion account value, I’ve lived this long just to watch others trade cryptocurrencies.
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BTC got liquidated but still dares to bet everything on ETH. Is this courage or gambling instinct?
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liquidation_watcher
· 01-08 06:45
Even losing 3.8 million, I didn't flinch. I turned around and threw 31.7 million into ETH. This whale is really... impressive. I need to follow and copy the moves.
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VibesOverCharts
· 01-08 06:34
Bro, this whale is a real player. Losing 3.8 million and still daring to invest 31.7 million in ETH, I need to learn from this mindset.
Market monitoring data shows that an important whale address is adjusting its strategy. This address previously made nearly one billion dollars trading ETH in swings, but recently got caught in a trap while going long on BTC in a contract, losing 3.8 million dollars. Interestingly, after the loss, it did not become discouraged; instead, it continued to add to its position.
This morning, it closed its position and stopped the loss on Hyperliquid, then poured the remaining 31.7 million USDC into ETH, buying 10,000 ETH in one go. Currently, this address holds 40,000 ETH, with an account value reaching $127 million, and an average cost basis of $3,241. From the trading trajectory, this whale’s confidence in ETH remains intact, even after a setback with BTC contracts, it continues to deploy. This persistent behavior of adding to positions is worth the attention of market participants.