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.

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RetiredMiner

· 13h ago

The whales are still holding on, with a funding fee of $4,126,000... Their courage is truly extraordinary.

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WalletsWatcher

· 20h ago

The whales are holding on tightly, and they've already burned through 4.12 million in funds. Do you really believe it can still go up later?

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GamefiGreenie

· 01-03 15:00

Wow, this whale buddy is really bold. He directly pressed ETH 80% with 7.75 billion. Even as a small retail investor, I feel my legs go weak watching this. The reduction in unrealized losses doesn't mean a turnaround. The funding fee has already cost 4.12 million, which is basically betting on a breakout later. Is 3000 really such a critical level? It seems like the whales are all itching to move here. By the way, how strong must this guy's mentality be to withstand such unrealized losses? My goodness... Feels like everyone is just giving money to the exchange. The funding fee part is really a dead end. Wait, is he optimistic or trapped? Is he using it as an excuse to enter? Whatever, I’ll just follow the big players and eat some soup. This position size, just a little movement could trigger a market move. Can ETH break through this whale’s faith? Let’s wait and see.

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JustHereForMemes

· 01-02 16:50

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

· 01-02 16:48

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

· 01-02 16:45

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

· 01-02 16:44

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

· 01-02 16:34

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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