Remember that mysterious whale who perfectly bottom-fished and went long after the flash crash on 10/11?
Just 9 hours ago, this big player suddenly reduced their position by 4,513 ETH, cashing out about $14.06 million. This move instantly locked in a profit of $304,000. Quick action, precise timing.
But hold on—most of their position is still intact. Currently, this address is still holding a long position of 50,001 ETH, which is worth a whopping $156 million at current prices. Even more impressive, their entry price was $3,048.56, so their unrealized profit is already $3.96 million.
With a position of this size, is this a partial profit-taking move, or did they sense some market signal? Worth keeping an eye on.
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ExpectationFarmer
· 12-11 12:59
This move by the whales is truly incredible. They are still holding over 50,000 ETH. This is the confidence of the wealthy. Taking profits is clear and straightforward.
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WagmiWarrior
· 12-11 04:51
This whale's recent liquidation move feels like they are testing the market ceiling.
Damn, they still hold 50,001 ETH, this holding size is really outrageous.
Take profit or sell the top? The old guy must have sniffed something out.
This big player is playing it thoroughly; us retail investors can only follow the trend.
For me, still adding leverage, seeing his unrealized gains on the books just broke my composure.
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GasFeeTherapist
· 12-11 01:45
This whale is really unbelievable, easily locking in over 300,000 as pocket money.
I'm nervous when the big whale reduces its position. Is it trying to crash the market or just taking profits?
Holding onto more than 50K worth of ETH without moving. I've truly made a fortune. I'm crying.
Entry price 3048? Oh my god, what kind of divine cost is this? How long do I have to save to catch up?
This move looks like testing the market reaction. There may be more drama ahead.
A position of $156 million casually adjusted. Is this the joy of big players?
Is taking profits a signal? I bet this guy sensed the risk.
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GasFeeNightmare
· 12-09 01:51
Damn, this guy's cost price is 3048, that's really insane. I need to calculate what percentage of his current gas fee cost is... Turns out he's already broken even a long time ago, while I'm still losing sleep over the gwei data for every swap.
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LayerZeroHero
· 12-09 01:50
It turns out that such a level of reduction in positions must be triggered by certain signals—we should take a good look at the on-chain data for verification.
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InfraVibes
· 12-09 01:44
This whale's mentality is really steady, securing profits by reducing their position first. There are still over 50,000 ETH being held. Is this round basically just exploiting the news gap?
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SlowLearnerWang
· 12-09 01:36
Damn, I've been left behind again. I'm still hesitating about whether to buy the dip, and others are already enjoying the gains.
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GateUser-6bc33122
· 12-09 01:21
This whale is really cunning—cashing out part of their holdings but keeping the majority, clearly unsure about the future market trend.
Remember that mysterious whale who perfectly bottom-fished and went long after the flash crash on 10/11?
Just 9 hours ago, this big player suddenly reduced their position by 4,513 ETH, cashing out about $14.06 million. This move instantly locked in a profit of $304,000. Quick action, precise timing.
But hold on—most of their position is still intact. Currently, this address is still holding a long position of 50,001 ETH, which is worth a whopping $156 million at current prices. Even more impressive, their entry price was $3,048.56, so their unrealized profit is already $3.96 million.
With a position of this size, is this a partial profit-taking move, or did they sense some market signal? Worth keeping an eye on.