A suspected insider whale linked to the Aug. 19 ETH rally is still holding a 20,000-ETH long position opened at an average cost of $1,936, according to monitoring by TradingBeats, formerly known as Hyperinsight. As of Aug. 25, ETH was trading at $2,509.8, up about 29.6% from the entry price, while the address’s unrealized profit had expanded to $11.5 million. The position is held with 4x leverage and was valued at about $50.196 million, producing a reported return of 118.6%. The address received $20 million from the same source address in three transfers over roughly two minutes after being activated on Aug. 19, then opened the entire 20,000-ETH long at 20:52, about one hour before ETH began its main upward move. No additional buying, selling, profit-taking, stop-loss or take-profit orders had appeared. Separately, CryptoQuant analyst Darkfost said ETH’s recent rise has returned whale holdings across several size bands to unrealized profit, although the gains remain limited and have not created clear profit-taking pressure. The unrealized profit-and-loss ratios were 0.075 for addresses holding 1,000 to 10,000 ETH, 0.16 for those holding 10,000 to 100,000 ETH and 0.38 for addresses holding more than 100,000 ETH. The metric compares the value of ETH when it was last transferred with its current value to assess the overall unrealized gain or loss of large holders.