On December 31, on-chain monitoring data shows that an Ethereum whale is adjusting its holdings strategy. This whale address bought 8,550 ETH at an average price of $2,991 one week ago, and is now beginning to reduce its position in batches.



The latest movement is that the address transferred 3,000 ETH to a major exchange 10 hours ago, equivalent to approximately $8.93 million. However, based on the current price, if this operation were to be sold immediately, it would face an unrealized loss of $43,000.

But this whale has not fully withdrawn. After reducing its holdings, the wallet still retains 5,550 ETH from its early position, which currently has an unrealized loss of about $46,000. Notably, the total Ethereum holdings in the entire wallet have reached 22,981 ETH, indicating that this large holder's long-term bullish attitude towards ETH remains unchanged. Market observers believe that the whale's reduction in holdings often reflects subtle changes in market sentiment.
ETH-0,34%
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LiquidityOraclevip
· 14h ago
Oops, I see whales dumping again, but they're still holding over 20,000 coins. What's going on here? My goodness, losing more than 40,000 and still selling, how hardcore is that... Trust me, don't just look at the reduction in holdings, look at how much they’ve left behind—that's the real story. It's already fallen so much and they still won't run? Either they're newbies or they truly believe in Ethereum. Uh, wait, with a total position of nearly 23,000, this guy never intended to fully withdraw. That's interesting. Losing money and still pushing ETH on the exchange? I don't quite understand this move...
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PermabullPetevip
· 14h ago
Still holding despite losses, this guy really is faith in recharge.
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AirdropHunter007vip
· 14h ago
Whales are still reducing their positions despite losses; it seems this market trend is indeed quite uncertain.
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DAOdreamervip
· 14h ago
Still willing to reduce positions despite a loss of 43,000. This guy really believes in Ethereum.
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CommunitySlackervip
· 14h ago
Whales are selling at a loss, this is outrageous... ETH needs to bounce back next year, or else this guy will have losses over the New Year.
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