Whale Maintains Large Ethereum Position Despite Heavy Weekly Losses

A major cryptocurrency whale, identified as 0xa523, has continued to hold a significant long position in Ethereum despite substantial losses over the past week. The whale’s exposure now totals $345 million, but their holdings remain vulnerable due to near-liquidation levels at around $4,297. While facing $8.94 million unrealized losses and ongoing weekly losses of $23 million, 0xa523 has continued to increase their position by adding another $92.8 million in ETH at prices ranging from $4,470-$4,450. Their long position targets remain set at $5,300 with limit sell orders in place at that level.