Five months back, wallet 0x4825 made a bold entrance, dropping $60.7M in USDC to grabbed up 24,000 $ETH at roughly $2,529 each. At the peak of the rally, that position was sitting on over $55M in unrealized gains, the kind of profit that usually triggers a victory lap and a fast exit.



But not for this whale. Instead of selling into strength or cutting risk on the way down, he held through every twist in the market. Today, those unrealized profits have shrunk to about $14.4M, and his reaction wasn’t panic…

It was conviction. Just four hours ago, the whale moved 23,999 #ETH into staking, leaving only a symbolic 1 ETH in the wallet. It’s hard not to read that as a message: he’s in for the long game, not the quick flip.

Wallet: 0x4825B8c4641dB7467AbDb00710bC1a34Ca1c61f4
USDC0.01%
ETH-3.02%
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