As long as he don’t sell he’ll be fine. But what I realize is all the whales use this chance to buy low sell high and make passive profit and let the small fish in the storm.
EyeOnChain
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Bearish
We caught a TRAPPED whale—yes, even whales get stuck! This whale, who previously bought low, sold high, and made $33.67M on $ETH , is now struggling. After adding positions and getting #trapped , they just bought another 2,000 ETH ($4.1M) to try and lower their average price. Since Dec 19, 2024, they’ve accumulated 34,001 ETH ($93.63M) at an average price of $2,753. Right now, they’re sitting on a floating loss of $24.14M. Will they escape or sink deeper?
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