🚨 $ETH Whale Alert: Holding Strong Despite $6M+ Unrealized Loss 🐳
A major Ethereum player is sending a huge long-term signal to the market 👇
📅 Accumulation Window: Dec 05 – Dec 15
Even with ETH below their average entry, this whale keeps stacking aggressively, showing confidence in a future rebound.
🔹 On-Chain Highlights:
Total withdrawn: 21,850.15 ETH (~$70.6M) moved from exchanges to private wallets
Average entry: ~$3,231 per ETH
Current unrealized loss: ~$6.24M — yet no panic selling
Latest move: +2,000 ETH (~$5.84M) withdrawn today — accumulation is still on
🔹 Smart Leverage Play:
Collateral deposited: 18,706.9 ETH
USDT borrowed: $31.34M
Health factor: 1.41 (moderately safe, controlled risk)
ETH is being actively used, not just parked — capital efficiency at work
🧠 What This Means:
Holding through multi-million-dollar drawdowns = strong conviction
Using ETH as collateral = betting on higher prices ahead
Whales are positioning early, not chasing the top
💬 Your Turn:
Have you ever used crypto as collateral to grab dips, or do you stick to spot-only strategies?
⚠️ Note: On-chain data is for insight only, not financial advice. Always DYOR and manage your risk.
