🚨 Market Update:$ETH Whale Activity Noticed

A well-tracked on-chain wallet, commonly referred to as the “1011 Insider Whale,” has added 20,000 ETH to its long position earlier today.

🔹 Total Position Value: Around $335M

🔹 Average Entry Price: $3,158.57

🔹 Current Unrealized PnL: Estimated at $8.8M based on recent market movement

🔹 This wallet previously shorted the local top and has now shifted heavily into long positions, making the $3,158 zone an important area of whale interest.

Whether this signals continued momentum or a potential trap depends on broader market conditions. Always review information carefully and assess risks before making any decisions.

This post is for market observation only and does not constitute investment advice.$ETH

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