2026-01-08 03:28:28

A noteworthy on-chain movement: a top whale account decisively exited after losing $3.7 million on Bitcoin long positions. Subsequently, this large holder shifted strategy by purchasing 10,000 ETH through Wintermute, injecting a total of 31.7 million USDC. What's more interesting is that this ETH was not held directly but was immediately converted into stETH, a liquid staking token. The final destination is even more intriguing — all stETH was transferred to another whale wallet, which has accumulated 40,060 stETH, equivalent to an asset scale of approximately $126 million. From stop-loss on losses to actively adjusting positions, this whale's operational logic is quite clear: shifting from risky assets to a relatively stable staking yield strategy.

BTC-0,62%

ETH-1,12%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

10 Likes

Reward
10
4
Repost
Share

Comment

0/400

RugPullAlertBot

· 01-08 03:58

Old Whale's move this time is amazing, switching from stop-loss to staking, a truly solid and safe approach

View OriginalReply0

LiquiditySurfer

· 01-08 03:57

The whale's move is incredible. After a loss of 3.7 million, they turned around and staked again. This is truly enlightenment.

View OriginalReply0

WhaleWatcher

· 01-08 03:56

Whales are shifting from stop-loss to staking, it seems that big players are also optimizing their allocations. From cutting losses on BTC long positions to directly spending over 30 million USDC to buy ETH and convert to stETH, this pace is quite interesting. However, staking yields are indeed attractive, definitely better than losing everything.

View OriginalReply0

RumbleValidator

· 01-08 03:55

A $3.7 million loss can be decisively cut, which is the mark of a professional stop-loss strategy—much better than most people. The key is the subsequent rebalancing approach—directly shifting to stETH staking yields, which shows a true understanding of the value of the consensus mechanism. The $126 million stETH scale is a bet on node stability and long-term returns. I appreciate this data-driven decision-making approach.

View OriginalReply0