Ethereum whale continues to increase holdings: accumulated 50,000 ETH in over a month, with a long strategy through lending cycles yielding a floating profit of over $6 million.

ZkSnarker · 2026-01-06T11:52:10+00:00

An Ethereum whale account has accumulated over 50,000 ETH since December of last year, worth $156 million. Recently, it withdrew 2,836 ETH and collateralized it to borrow 6.2 million USDT, forming a complete lending-trading cycle, demonstrating strong confidence in the future of Ethereum and an aggressive position-adding strategy.

ZkSnarker

2026-01-06 11:52:10

Abstract generation in progress

【Blockchain Rhythm】An interesting on-chain trend: a whale account with a strong bullish outlook on Ethereum has been active recently. Since early December last year, this player has accumulated over 50,000 ETH, with a total value of $156 million.

Yesterday, he was back in action. First, he withdrew 2,836 ETH from a major exchange, worth $9.15 million, and then collateralized it on a lending platform. Subsequently, he lent out 6.2 million USDT and re-deposited it into the exchange to continue leveraging. This entire process forms a complete loan-trading cycle.

Based on his average cost of $3,117, the unrealized profit since opening the position has reached $6.207 million. From this operational logic, it’s clear that this whale is very confident about the future trend of Ethereum. He uses leverage to amplify his position, indicating not just a bullish outlook but a bet on a larger upward move. Such aggressive position-building is relatively rare in the market.

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DegenWhisperer

· 01-09 07:21

This guy is really risking his life. With over 6 million in unrealized gains, he's still adding leverage. How high does ETH need to rise to be considered done?

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BrokenRugs

· 01-08 20:58

This whale strategy is really aggressive; with the lending leverage, it's all in.

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CryptoHistoryClass

· 01-07 23:09

*checks historical charts* ah yes, this is exactly how the 2017 bull run looked right before the wick down to $130... leveraged accumulation always ends so well, right?

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NotAFinancialAdvice

· 01-07 06:48

This guy really dares to play, increasing leverage to the sky, just worried about a waterfall causing a direct liquidation.

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ChainDetective

· 01-06 12:22

This whale is really playing hard, using leverage to leverage each other, just betting that ETH will definitely rise.

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MevHunter

· 01-06 12:20

This guy's really bold. Using leverage and borrowing to play so aggressively, with a floating profit of over 6 million, and he still dares to keep buying?

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rugpull_survivor

· 01-06 12:18

This whale really isn't afraid of a liquidation, risking over 6 million in unrealized gains to keep adding leverage...

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liquidation_surfer

· 01-06 12:17

This whale is really ruthless. Over 6 million in unrealized gains and still leveraging. Either full of confidence or really about to be liquidated.

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RektRecorder

· 01-06 12:15

This whale is really ruthless, directly using leverage to create a lending closed-loop, with $6.2 million in unrealized gains just lying there... I need to think about whether to join or just observe.

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MidnightTrader

· 01-06 12:01

This whale is really ruthless. Leveraged lending can be played like this. How bold do you have to be?

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