Ethereum Insider Whale 1011 Cuts 4,513 ETH but Retains 50,001 ETH Long Worth $155M (Unrealized Profit $3.3M)

ETH

ETH/USDT

$1,705.92

-0.04%

$1,705.92

-0.04%

(24s)

24h Volume

$6,512,097,868.73

24h H/L

$1,718.00 / $1,679.11

Change: $38.89 (2.32%)

Long/Short

71.8%

Long: 71.8%Short: 28.2%

Funding Rate

+0.0033%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$1,707.67

▼ -0.21%

Volume (24h): -

Resistance Levels

Resistance 3$1,872.11

Resistance 2$1,786.65

Resistance 1$1,711.95

Price$1,707.67

Support 1$1,680.15

Support 2$1,614.13

Support 3$1,505.68

Pivot (PP):$1,710.76

Trend:Downtrend

RSI (14):38.4

COINOTAG News, citing Hyperinsight monitoring, reports on December 8 that the 1011 Insider Whale has trimmed its ETH long position by 4,513 ETH, leaving 50,001 ETH outstanding. The current stake is valued near $155 million on prevailing prices, with the position now carrying an unrealized profit of about $3.3 million, roughly +10.18%.

Analysts note that the action reflects routine risk management by a major on-chain participant rather than a definitive directional shift for ETH. Ongoing on-chain whale activity and price responses to such moves may provide clues for near‑term liquidity and demand dynamics in the Ethereum market.

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