Profit on One Wallet, Pain on Another — Whale’s ETH Balancing Act
Turns out, the whale isn’t winning across the board.
Wallet 0xdE7cfB59E5B46B5d2e870A20F4af04E399D551F5 appears to be linked to the same whale who previously made profits from well-timed $ETH buys. But this time, the story's different.
This address accumulated ETH near the peak at $3,571 last November, and just 12 hours ago, it deposited 950 ETH to Binance. If sold, that batch would realize a loss of $1.093 million.
Meanwhile, the remaining 1,867 ETH in the wallet still sits at an unrealized loss of $2.083 million.
So while the whale's other wallet is sitting on solid gains, this one might cancel them out — or worse. A case of one step forward, two steps back in the world of high-stakes ETH trading.