Is the whale who took over ETH at a high level unable to hold on? Transferred 3,373 ETH to Binance in 7 hours, with an unrealized loss of over $5 million.

RektRecovery

2025-12-11 02:12:17

Abstract generation in progress

【Chain News】Another big fish surfaces.

On-chain data shows that a certain ETH whale ( address 0x31D…7a1c7) recently transferred 3373.1 ETH to Binance within the past 7 hours. Based on an average deposit price of $3399.7, this asset is valued at $11,467,000.

Rewinding to October 14th this year, this “smart money” previously offered 3593.21 ETH at an average price of $4051.00. At that time, the market was still oscillating at high levels. Who knew ETH would then plummet, with unrealized losses reaching up to $5.13 million.

If this operation truly involved a full liquidation, the substantial loss would be fixed at $2.196 million. Can the whale withstand the pain of buying at high prices? Or does it have other plans? We can only continue to watch and wait.

ETH10.68%

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YieldHunter

· 2025-12-14 01:46

nah wait, actually if you look at the data here... 3.3k eth dump doesn't necessarily mean capitulation, could be rebalancing across protocols or just consolidating before the next leg. the -$2.1m realized loss is rough but tbh, for a whale at that scale? probably just tax harvesting szn. degens panic, big money plays different games fr fr.

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FlyingLeek

· 2025-12-13 17:03

Wow, even this giant whale is starting to admit defeat. It seems no one can really withstand taking over at high levels.

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AirdropHarvester

· 2025-12-11 02:37

Whoa, this big guy is starting to cut losses too? Looks like 4051 isn't the bottom after all.

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GasFeeCrier

· 2025-12-11 02:22

Ha, another failed attempt to buy the dip at a high... even whales are human.

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AltcoinTherapist

· 2025-12-11 02:15

Whales also have to cut losses. Holding onto high positions and trapping others—no one can withstand this. Are you just going to accept a loss of 2,196,000? Maybe they're just looking for a sucker to take over.

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NFTRegretful