As of January 13, a crypto whale with long-term Ethereum investments withdrew 1,299.6 ETH from the OKX exchange and transferred it to its personal wallet. The latest purchase was made at $3,129.64 per ETH. Since December 5, 2025, the whale has gradually built a position totaling 51,451.6 ETH. The average cost is around $3,117.3 per ETH, equating to roughly $161 million committed.
Recent price fluctuations have pressured the position in the short term, with current prices implying about $940,000 in unrealized losses. Analysts emphasize that such large-scale purchases indicate continued long-term confidence in Ethereum, but volatility may remain high in the short term. The whale’s paper profit exceeded $9 million during Ethereum’s short-term peak last week, but this gain was significantly eroded by the price pullback. Strategic accumulation moves by whales continue to be closely watched for their impact on market direction.
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