He kept buying all the way down. From the euphoric highs near $4,479 to the cold slap at $2,813, this whale just… stayed. Layer after layer, until the position hit 6,411 $ETH at an average cost around $3,873. Strong hands, sure .. but strong hands still bleed.

Nine hours ago, reality checked in. Wallet 0xbe38d2dae609f7ad5711073b4620c1f51779a42a sent 1,999 ETH to Binance, roughly $5.93M at the time. If that sold, it locks in a loss of about $1.8M.

What’s left is heavier. Around 3,803 #ETH still sitting there, loss by roughly $3.45M, floating… waiting… maybe hoping. This wasn’t a bad trade gone wrong in a day. This was belief stretched across months, tested slowly, painfully.

We think, few times whales don’t panic. They just accept the damage and move on.