On January 30, 2026, the price of ETH dipped slightly as a major whale added 20,000 ETH to its holdings. The whale, known for generating a $99.22 million profit from ETH trading, deposited 56.05 million USDC to FalconX and withdrew 20,000 ETH, likely at a price of $2,819.92 per ETH. Since January 21, the whale has accumulated 80,013 ETH at an average cost of $2,885.75, resulting in a current unrealized loss of $6.43 million. Analysis of ETH shows continued long-term positioning despite recent market volatility.
BlockBeats news: On January 30, according to on-chain analyst Ai Yee (@ai_9684xtpa), the "smart money" that previously made $99.22 million in profits from ETH swing trading is still accumulating. Within three hours, it deposited 56.05 million USDC into FalconX, and then withdrew 20,000 ETH, which is likely a purchase, with a cost of $2,819.92 per ETH.
This whale has been accumulating 80,013 ETH since January 21st. The current average cost is $2,885.75, with a floating loss of $6.43 million.
