A prominent Ethereum whale has expanded their long position by acquiring an additional 3,000 ETH at a price of $1,919, according to on-chain analyst @ai_9684xtpa. This purchase brings the whale's total holdings to 105,000 ETH, valued at approximately $204 million. The whale's position is split between two addresses, with one holding 60,000 ETH and the other 45,000 ETH.
The first address, 0xa5B…01D41, now holds 60,000 ETH worth $116 million, with an entry price of $2,048.90, resulting in an unrealized loss of $6.36 million. The second address, 0x6C8…D84F6, holds 45,000 ETH valued at $87.34 million, with an entry price of $2,029.38, leading to an unrealized loss of $3.869 million. Despite the current unrealized losses totaling $10.229 million, the whale's continued accumulation suggests a bullish outlook on Ethereum's future price movements.
ETH Whale Increases Long Position to 105,000 ETH Amid Market Dip
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