2025-12-29 12:23:15

Recently, there has been an interesting phenomenon — a well-known institution is aggressively accumulating ETH.

Just 7 hours ago, they withdrew a total of 27,598 ETH (worth $83.05 million) from a major exchange, with 6,748 ETH (valued at $19.77 million) transferred just 5 minutes ago. Even more interesting is that this asset was immediately deposited into Aave, seemingly for collateralized lending.

According to on-chain data, this wallet now holds a total of 607,598 ETH, with a market value of up to $1.77 billion. The average cost basis is approximately $3,111.07, with an unrealized loss of about $117 million — indicating they bought at higher prices.

Whether they are optimistic about a rebound or pursuing other strategies, this large-scale accumulation activity is indeed worth continuous attention from on-chain analysts. After all, the actions of whales often send significant signals to the market.

ETH1,66%

AAVE2,23%

View Original

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.

11 Likes

Reward
11
5
Repost
Share

Comment

0/400

GasGrillMaster

· 01-01 05:56

Is this whale bottom-fishing or betting on a rebound? Hard to say. --- Unrealized loss of 117 million still adding positions. How strong must their psychological resilience be? --- Wait, all into Aave? What are they trying to do by borrowing coins? --- Institutions aren't panicking; they're just疯狂吸筹 (crazy accumulating). Interesting. --- 6.03 million ETH, they must be very optimistic about the future market. --- The cost price of over 3,000 yuan can no longer be reached. Continuing to add positions feels a bit like gambling. --- Large withdrawals into Aave, leverage lending about to take off? --- Whale movements are exposed so quickly; on-chain transparency is truly unbeatable. --- Even with unrealized losses like this, still buying? Either they are very smart or very foolish.

View OriginalReply0

LiquidationHunter

· 2025-12-31 07:14

This whale is crazy, risking leverage loans with a position of $1.7 billion? --- Floating loss of 117 million still daring to hold? I just don't understand this move. --- Wait, the average cost is 3111, and it's still losing money? Really? --- It's Aave lending again. Won't there be another liquidation drama this time? --- I just want to know what this institution is thinking. Holding positions at high levels and still playing with leverage. --- 27598 coins withdrawn in 7 hours, isn't that quite outrageous? Luckily, it's okay. --- Is this a bottom-fishing or a suicide mission? The signals are too vague. --- Whale movements are worth paying attention to +1, but I still think there's a bit of gambling involved. --- Collateral lending? Feels like everyone is playing the same game. --- Calculating the numbers, floating loss of 117 million and still adding more. Their confidence is real.

View OriginalReply0

OnChainArchaeologist

· 2025-12-29 12:40

Damn, this move is probably a bottom-fishing attempt --- Floating loss of 117 million still adding positions? How optimistic are they --- A typical whale move, there’s definitely a story behind it --- Why store in Aave, borrowing or leverage? The details reveal the intention --- Average cost 3111, with the current price they really can’t be desperate haha --- 27598 tokens in one pull, isn’t that too loud? --- Feels like laying the groundwork for a major event... --- Still buying despite losing money, is this faith? --- This step with Aave is crucial, depends on how they proceed next --- This amount of ETH, you really can’t ignore it

View OriginalReply0

ForkItAll

· 2025-12-29 12:34

Whales are showing off their moves again, this time directly bottoming out Aave lending. They really have every step calculated.

View OriginalReply0

wrekt_but_learning

· 2025-12-29 12:32

Oh wow, this whale is really betting on a rebound. Carrying a $1.77 billion burden, it's tough for anyone. Losing $117 million but still accumulating—either they have strong faith or there's something else at play. This pace is a bit frantic. In just 5 minutes, they poured in $19.77 million. Aren't they afraid of crashing the market? Storing Aave for collateralized lending? Are they trying to borrow stablecoins or what... Following big players like this is really gambling, but you definitely need to keep an eye on it. Brothers' average cost is $3,111, now almost at cost price. How disastrous will the outcome be? Machine: Losing $117 million but still adding to the position—either they have a big brain or hiding something. Aave collateralized lending... Are they preparing for a big move? Whale strategies like this are definitely worth watching; signals outweigh actual data. Even with floating losses, they keep hoarding. You need to watch the rebound of the market more carefully. Spending $80 million in 7 hours—such a move... Truly a gambler's mindset.

View OriginalReply0