Ethereum Whale Offloads $55.6M in ETH Amid $3.14M Loss

An Ethereum whale deposited over $15 million in ETH to OKX after selling nearly $56 million worth in a week, while a separate BTC whale withdrew $175.8 million from the same exchange.

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Summary

An Ethereum whale sold 18,823.9 ETH worth $55.59 million over the past week, incurring a $3.14 million loss, and moved 5,133.91 ETH ($15.38 million) to OKX. Since December 5, 2025, the address had accumulated 55,262.16 ETH at an average price of $3,120. In a separate event, Lookonchain reported that a BTC whale address withdrew 2,000 BTC valued at $175.8 million from OKX within two days, underscoring significant large-scale movements involving the exchange.

Terms & Concepts
  • ETH Whale: A cryptocurrency holder who owns a large amount of Ethereum and whose trades can influence market prices.
  • OKX: A global cryptocurrency exchange providing trading services for digital assets such as Bitcoin and Ethereum.
  • Average Purchase Price: The mean cost at which an asset was acquired, used to determine profits or losses when selling.