A major whale has recently been playing some tricks. According to on-chain data, this whale address is engaging in ETH long positions through cyclical borrowing and lending. The latest move was selling 10,002 ETH for $29.38 million USDC. Overall, this whale has gradually sold 50,623 ETH, cashing out a total of approximately $1.4788 billion USDC/USDT. Interestingly, the average transaction price is about $2,921, and this operation has yielded a profit of around $15 million. Many investors are paying close attention to such large-scale position adjustments signals.
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BankruptcyArtist
· 2025-12-29 16:43
15 million profit, such a big move... How bold do you have to be to buy so heavily from the lows?
Using this cycle lending strategy is basically betting that the market won't crash afterward; the guts are indeed big.
Whales are running, and we're still watching the K-line. It's a bit ironic, huh?
Did you buy at an average price of 2921? That must have been a long time ago.
It's really funny—big players are reducing their positions, while retail investors are still rushing in.
Selling over 50,000 ETH without blinking an eye, I can't even hold 5.
This guy really understands timing—cash out 147 million just like that?
Cycle lending isolates risk; one mistake with this kind of operation and it blows up.
Signal that big players are fleeing? Or just repositioning and looking for opportunities?
Exchanging 50 million dollars for USDC, clearly waiting for the next round.
This is what you call a real leek harvester.
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AlwaysQuestioning
· 2025-12-29 05:49
Whales are starting to move again? A profit of 15 million, that's a bold move... But selling such a large amount, are they planning to dump the market later?
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MEVHunter
· 2025-12-29 04:52
so whale's playing the exit game with circular borrow mechanics... 2921 avg fill price? that's basically printing money rn. ngl the mempool's probably been a bloodbath watching these positions unwind. 15M profit on 50k eth dump... tame numbers tbh, expected way more alpha leakage from something this size. wonder what the sandwich protection looked like on these txns
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MetaverseMortgage
· 2025-12-29 04:49
Big Fish is selling again, cashing out 150 million units. This pace is a bit intense.
Playing with circular lending so extravagantly, aren't you afraid of liquidation?
Selling at an average price of 2921, this move has definitely made a lot of money.
Making a profit of 15 million and still selling, it seems like they are really about to run.
These on-chain activities can't be hidden; retail investors rely on watching their movements to survive.
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BearMarketBard
· 2025-12-29 04:45
Damn, is this whale running? 15 million in profit... I need to watch my ETH holdings carefully.
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Starting to cash out again, is this a signal that they're about to exit?
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Playing this game with cyclical lending, the risk isn't small either.
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Bought in at an average of $2,921? I damn well caught the top and bought in.
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1.4788 billion USD, this guy is making a fortune. I'm still working.
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On-chain data is so transparent, smart money has to run, retail investors are still sleepwalking.
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Enjoy the show, the story of big players fleeing and small investors taking over is starting again.
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50,623 ETH... just a casual move by them is worth millions, truly desperate.
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This rhythm... feels like they're setting a trap for those behind.
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Such a perfect operation, if I had this much ETH, I would have retired long ago.
A major whale has recently been playing some tricks. According to on-chain data, this whale address is engaging in ETH long positions through cyclical borrowing and lending. The latest move was selling 10,002 ETH for $29.38 million USDC. Overall, this whale has gradually sold 50,623 ETH, cashing out a total of approximately $1.4788 billion USDC/USDT. Interestingly, the average transaction price is about $2,921, and this operation has yielded a profit of around $15 million. Many investors are paying close attention to such large-scale position adjustments signals.