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A major crypto whale managing a $10B portfolio is on the verge of breaking even after navigating turbulent market conditions. The wallet, which holds a substantial $635.58M ETH long position, has clawed back nearly $70M in profits from its previous lows. This kind of recovery in such a sizable position signals notable market momentum—especially when considering the sheer capital involved. The whale's trading moves are often watched closely by the community for clues about institutional sentiment on Ethereum. With such major holdings shifting from deep red to near breakeven territory, traders are paying attention to what this could mean for ETH's next leg of movement.