Crypto Whale Aggressively Accumulates Ethereum Following October Flash Crash
A prominent cryptocurrency whale, dubbed the "October 11 Flash Crash Insider Whale," has substantially increased its Ethereum (ETH) holdings in the weeks following the massive market downturn in mid-October 2025.
On-chain data shows the investor recently added around 20,000 ETH to its portfolio, bringing total holdings to approximately 140,094 ETH. The average entry price for these positions stands at about $3,180, yielding an unrealized profit of roughly $8.3–$10 million amid ETH's partial recovery.
This whale, noted for its activity around the October 10–11 flash crash—which saw over $19 billion in leveraged positions liquidated across the crypto market—has shifted toward bullish bets. After closing prior short positions, it has built significant long exposure not only in Ethereum but also in Bitcoin (nearly 959 BTC added) and Solana (100,000 SOL).
The whale's total portfolio now exceeds $550 million in value, with combined unrealized gains approaching $9–$10 million. This accumulation signals strong confidence in Ethereum's rebound potential, even as the broader market continues to digest the effects of the historic crash triggered by geopolitical tensions and cascading liquidations.
Analysts view such whale activity as a potential bullish indicator, highlighting strategic buying during periods of extreme volatility. Ethereum is currently trading around $3,100–$3,200, well above its intraday lows near $3,500 during the crash but still below pre-crash levels above $4,000.
