Another major whale has made a move. This large holder recently purchased 10,000 ETH in bulk, bringing their total holdings to 40,000 ETH. At the current price, their asset value exceeds $127 million. Interestingly, this whale's average cost basis is only $3,241 per ETH—in other words, their unrealized gains are quite substantial. What further illustrates their prowess is that they have already realized profits of $96.67 million through strategic trading of Ethereum. Such a holding size and level of operation are indeed worth the attention of market participants.

ETH0,42%

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HashBandit

· 01-10 23:18

nah man, 3,241 entry on eth... back in my mining days i'd have actually made money at that price lmao. dude's sitting on 96mil in realized gains? that's the kind of ROI calculation that makes me question my entire life choices fr fr

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CountdownToBroke

· 01-09 05:43

I just want to ask, how is this guy so steady? An average cost of 3241, and he's still adding to his position. How long do I, as a rookie, have to learn this?

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ShadowStaker

· 01-08 06:54

ngl the 3,241 entry point is just... chef's kiss at this point. most of us are out here sweating every 2% move while this whale's already booked nearly 97M in profits. wonder what their validator setup looks like tbh

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BlockchainFoodie

· 01-08 06:54

ngl, this whale's cost basis is basically the farm-to-fork price of a michelin dinner back in 2021... meanwhile they're already plated up 96.7m in profits? that's what i call a properly sourced portfolio lol

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DefiOldTrickster

· 01-08 06:52

Oh no, I see someone secretly celebrating again. I'm so familiar with this kind of trading strategy.

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BakedCatFanboy

· 01-08 06:38

This whale is really ruthless. The cost of over 3k now looks ridiculous... I need to catch up with the pace quickly.

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