COINOTAG News reported on December 11, citing Hyperinsight monitoring, that the 1011 Insider Whale began increasing its ETH long position by more than five times in nearly five minutes, with accumulation continuing to unfold.

As of the time of writing, the aggregate value of the position has risen to about $422 million, equating to 133,737 ETH.

Such on-chain activity indicates sustained demand from a prominent holder and could influence near-term liquidity dynamics. Readers should monitor additional on-chain signals and market data to assess potential implications for ETH price action.