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This mysterious whale is at it again.
Just half an hour ago, they added another 20,000 ETH, bringing their total holdings to 140,094.52 ETH — at the current price, the paper value is close to $446 million. The cost basis is locked at $3,179.54, with an unrealized profit of $693,000 so far.
Interestingly, this scale is very close to the position size before the memorable "1011 Flash Crash" — back then, it was $500 million, and now it's less than $50 million away.
Holding 140,000 ETH in long positions, this kind of move isn’t something an average retail investor can pull off. The market is all eyes on this address — what exactly has it seen?