2026-01-02 16:20:48

Ethereum's $3000 key level once again becomes the market focus. A top whale added to their Ethereum holdings after the flash crash in January. Now, as ETH reclaims the $3000 mark, their long position account's unrealized loss has been reduced to $22.82 million. This major holder currently has a total position size of $775 million, with 80% of it in Ethereum, and an unrealized loss of $19.8 million on a single coin. Notably, to maintain this massive position, the account has paid $4.126 million in funding fees. Movements of such large positions often reflect institutional expectations for the subsequent market trend.

ETH2,21%

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JustHereForMemes

· 16h ago

This whale's move is really interesting; they spent 4,126,000 on funding fees alone... This guy truly has strong conviction.

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BearMarketSurvivor

· 16h ago

Oh man, this guy is really risking his life, 80% all in ETH... He’s already burned through 4.12 million in funds and fees. That’s why I say don’t go all in—one correction and you’ll face trouble. The 3000 level, honestly, doesn’t mean much; the key is whether it can hold steady. It sounds good that the whale’s unrealized losses are shrinking, but it’s still losing... What are they thinking? Adding positions after a flash crash—either brave or crazy, can’t tell the difference.

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BridgeTrustFund

· 16h ago

This move by the whales is incredible; the $4,126,000 funding fee shows they really have confidence in the market future.

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DuskSurfer

· 16h ago

7.75 billion USD position, 80% invested in Ethereum. This guy really dares to play. The funding fees have burned through $4.12 million, yet he's still holding on... Can $3,000 hold steady? Whales are increasing their positions, should retail investors just follow and gamble? LOL Unrealized losses are nearly $20 million, still trading actively—either insiders have information or he's just a gambler. If Ethereum drops further in this wave, this guy might be saying goodbye to the crypto world forever. $3,000 is not the bottom; it feels like he needs to invest again.

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UnruggableChad

· 16h ago

The whale's move this time is quite aggressive. Throwing out $4,126,000 in funds just to hold this position shows real confidence. The 3000 level is indeed tightly defended.

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