Whale starts reducing positions from a high level: 8,550 ETH sold in batches, strategy adjustment amid unrealized losses

GasWrangler · 2025-12-31T02:00:09+00:00

On December 31, a whale began to adjust its holdings of 8,550 ETH, selling at $2,991. Ten hours earlier, it deposited 3,000 ETH into an exchange, worth approximately $8.93 million, currently with a loss of $43,000. Although still holding 5,550 ETH, the unrealized loss is even greater, but its wallet still contains 22,981 ETH, reflecting market sentiment.

GasWrangler

2025-12-31 02:00:09

Abstract generation in progress

【Blockchain Rhythms】An interesting phenomenon. On December 31, data monitoring shows that a big fish started moving from a high point a week ago.

Specifically, this whale previously accumulated 8,550 ETH at an average cost of $2,991. Now, it is beginning to adjust its position. 10 hours ago, it transferred 3,000 ETH to a major exchange, equivalent to about $8.93 million. At the current price, selling this batch would result in a loss of $43,000.

The remaining part of the position is still held, with 5,550 ETH, and an unrealized loss of $46,000 on paper. Even so, this whale still holds 22,981 ETH in its wallet, indicating a substantial size. From building the position at a high point to starting to reduce it now, this move somewhat reflects the market’s psychological game.

ETH0,36%

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DegenRecoveryGroup

· 19h ago

Losing money and still reducing positions, this whale is really panicking... Or is this actually the smart person's strategy?

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WagmiAnon

· 19h ago

Losing money and still reducing positions, there's a story behind this... It's not really a lack of funds, just adjusting the strategy.

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AlwaysAnon

· 19h ago

You're running away over such a small amount? This whale's mentality must be collapsing. Holding over 20,000 coins and still caring about a few tens of thousands of dollars—what does that signal indicate?

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BuyTheTop

· 19h ago

Still risking 43,000 loss? Is this whale really panicking, or is it testing the bottom support?

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LiquidityHunter

· 19h ago

Still daring to sell at a loss? How scared must this whale be to cut its losses...

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CounterIndicator