2025-12-31 03:25:28

Recently, I came across an interesting on-chain transaction record and wanted to share it with everyone.

A large Ethereum whale recently bought 8,550 ETH at a price of $2,991, seemingly planning for a long-term hold. But in just a week, this guy suddenly transferred 3,000 ETH to a major exchange, showing signs of reducing his position. Let’s look at the numbers—if he really sells 3,000 ETH, he would incur a loss of $43,000; the remaining 5,550 ETH is also currently floating at a loss of $46,000. In other words, the entire position built last week is now in the red.

But on the other hand, this whale still holds tightly to 22,981 ETH, so his overall assets are quite substantial. This loss might just be a small matter for him.

What’s truly worth pondering is—why would he sell even when in a loss? Does he think ETH will go lower in the short term and wants to hedge risks before re-entering? Or is it just a simple rebalancing or swapping operation?

Honestly, whale operations can sometimes be so counterintuitive. No matter what they’re thinking, we ordinary participants still need to stay alert. After all, the market risks are always there, and we can’t be too careless at any time. $BTC $ETH $XRP

ETH0,1%

BTC-0,67%

XRP-2,77%

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DAOdreamer

· 5h ago

Oh no, is this big player running or rebalancing? Can't see through it... --- 22,981 coins tucked away, losing a little money is really no big deal for them... --- I'm just wondering, why do they have to cut positions at high levels? Could it be insider information? --- It's another whale trick. We small retail investors should just be honest and hold our coins... --- Something's off. Normal people would cut positions when losing money? This guy must be bearish... --- Really, watching unrealized losses and still trading on the exchange, quite bold... --- Wait, there's still over 23,000 coins hidden in this wallet? Truly a big family... --- Short-term risk avoidance or trying to catch the bottom? The suspense is killing me... --- The market is just afraid that these big players suddenly change direction. Ordinary traders need to be cautious... --- From building positions to reducing them in just a week, this pace is a bit fast...

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OnchainDetective

· 16h ago

Is this whale crazy? Still pushing despite losses, something's not right.

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NotSatoshi

· 16h ago

Wow, these big players are really ruthless. They still throw out losses, probably sensing some market trend. Retail investors should not follow the trend. They can afford losses, but we can't. In the short term, ETH might still have room for a pullback. Being cautious is the right move.

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GateUser-1a2ed0b9

· 16h ago

Haha, this big player is quite interesting. They dare to reduce their position even when losing money. Truly well-funded. They flip their position in a week, probably either bearish or with urgent needs. I think holding 22,981 ETH is the real wealth; short-term fluctuations are just small cases. We ordinary people can't learn this trick. It's better to stay steady and cautious. This kind of contrarian operation is the easiest way to cut retail investors, so take it easy.

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