Whale That Built an ETH Position Near the Cycle Top Has Sent 15,361.1 ETH to Exchanges at a Paper Loss of $13.45 Million

Whale That Built an ETH Position Near the Cycle Top Has Sent 15,361.1 ETH to Exchanges at a Paper Loss of $13.45 Million

N
News Editor
2026-10-16 01:43:18
A whale that began accumulating Ether near the top of the current bull cycle has transferred most of its holdings to exchanges, according to on-chain tracker Ai Yi cited by Odaily. The wallet started building its ETH position in September 2025 at around $4,600 and kept adding as the market fell. In total, it withdrew 15,810 ETH worth $63.85 million at an average entry price of $4,101.85. From October 2025 to October 2026, the whale sent 15,361.1 ETH to exchanges, with the transferred amount valued at $49.55 million. The deposits took place across different price levels, including $4,478 and $1,910, and the latest transfer was made five hours before the report. The final average deposit price was $3,226.22. If the deposited ETH were sold based on the figures in the report, the whale would realize a loss of about $13.45 million. The address still holds 572 ETH on-chain. The figures were published in an Odaily newsflash citing Ai Yi’s monitoring data.

A whale that accumulated Ether near the top of the current bull run has already sent 15,361.1 ETH to exchanges, and the position would imply a $13.45 million loss if sold, according to on-chain analyst Ai Yi in a report cited by Odaily.

The wallet began building its ETH position in September 2025 at around $4,600. As prices moved lower, it kept adding to the position. In total, the whale withdrew 15,810 ETH worth $63.85 million, with an average acquisition price of $4,101.85.

Between October 2025 and October 2026, the whale transferred a cumulative 15,361.1 ETH to exchanges. The transferred amount was valued at $49.55 million. Ai Yi’s monitoring data showed deposits were made at price levels including $4,478 and $1,910, while the latest deposit took place five hours before the report. The final average deposit price was $3,226.22.

Based on those figures, selling the ETH already deposited would leave the whale with a loss of $13.45 million. The address still holds 572 ETH on-chain.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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