#Strategy加仓BTC is back! The "Wave King" whale that has been silent for two months suddenly appeared today—over the past 60 minutes, this address transferred out 12,000 $ETH from the top exchange in one go, worth approximately $39.98 million, selling at a price of $3,331.
How good is this whale at making waves? From September to October last year, it sold 30,000 ETH at an average price of $4,201, earning a total of $35.24 million from a single move. Looking at the entire account that bought low and sold high, the historical profit exceeds $31.44 million.
Currently, there are still 80,979 $ETH sitting on the chain untouched, with a total estimated value of $269 million, and an average holding cost of only $3,137. Considering this arbitrage margin and the scale of holdings, this whale is clearly waiting for the next wave. The $BTC market trend often also determines Ethereum's rhythm—recent Bitcoin volatility has indeed given these big players opportunities.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
16 Likes
Reward
16
6
Repost
Share
Comment
0/400
PaperHandSister
· 4h ago
Damn, this whale is starting to cut the leeks again. The 3331 price level is really aggressive with the dump.
View OriginalReply0
MiningDisasterSurvivor
· 4h ago
I've been through this before. When big players dump, we have to run. To put it simply, it's just a cycle of rotating and harvesting retail investors.
View OriginalReply0
NonFungibleDegen
· 4h ago
ngl this whale's just printing money while i'm here stress-checking floor price every 5 mins... probably nothing but that 3137 cost basis is actually insane, ser
Reply0
liquidation_watcher
· 4h ago
This whale is really done for; the cost of 3137 is still accruing interest... waiting for Bitcoin to drop another wave.
View OriginalReply0
DAOdreamer
· 4h ago
This whale is really incredible. If I had this mindset, I would have been financially free long ago.
View OriginalReply0
RugDocScientist
· 4h ago
This whale is really incredible. With a cost of 3137, the current price can still hold steady. I can't figure out how they're mentally preparing for this.
#Strategy加仓BTC is back! The "Wave King" whale that has been silent for two months suddenly appeared today—over the past 60 minutes, this address transferred out 12,000 $ETH from the top exchange in one go, worth approximately $39.98 million, selling at a price of $3,331.
How good is this whale at making waves? From September to October last year, it sold 30,000 ETH at an average price of $4,201, earning a total of $35.24 million from a single move. Looking at the entire account that bought low and sold high, the historical profit exceeds $31.44 million.
Currently, there are still 80,979 $ETH sitting on the chain untouched, with a total estimated value of $269 million, and an average holding cost of only $3,137. Considering this arbitrage margin and the scale of holdings, this whale is clearly waiting for the next wave. The $BTC market trend often also determines Ethereum's rhythm—recent Bitcoin volatility has indeed given these big players opportunities.