ETH Whale Adds 20,800 ETH ($92.8M) at $4,450–$4,470 Despite Liquidation Risk Near $4,298, Eyes $5,300

According to on-chain analytics from lookonchain, the whale address 0xa523 registered an unrealized loss exceeding $23 million over the prior week while maintaining a concentrated long exposure to ETH, underscoring pronounced position risk on-chain.

On-chain records show the same address added approximately 20,800 ETH (around $92.8 million) within a 15-hour window at execution levels near $4,470 and $4,450. The reported take-profit sits at roughly $5,300, while the documented liquidation price is approximately $4,297.67, narrowing the margin for adverse moves.

These data points from on-chain monitoring highlight concentrated position sizing and compressed risk buffers; market participants and risk managers are likely to track margin metrics and liquidity flows as part of ongoing risk assessment.