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ETH Whale Withdraws Over $4 Million in Ether from OKX

An Ethereum whale boosted holdings to more than 51,000 ETH following a fresh $4M purchase from OKX, now facing nearly $1M in unrealized losses after last week’s $9M gain.

ETH

Summary

An Ethereum whale acquired 1,299.6 ETH from OKX at $3,129.64 each, a purchase worth over $4 million. This latest move brings total holdings since December 5, 2025, to 51,451.6 ETH valued at $161 million, with an average cost of $3,117.3 per token. The whale currently faces an unrealized loss of $940,000, a sharp drop from last week’s $9 million unrealized gain.

Terms & Concepts
  • ETH Whale: An individual or entity holding a very large amount of Ethereum, capable of influencing market movements.
  • OKX: A global cryptocurrency exchange offering trading, lending, and DeFi services.
  • Unrealized Loss: A loss that exists on paper due to an asset’s market value falling below its purchase price but has not yet been sold.