100x gains realized! A whale suspected of being linked to low-cost ETHOG has deposited another 3,000 ETH into Kraken, worth approximately $7.23 million.
According to on-chain analyst @ai_9684xtpa, if the addresses in question do belong to the same entity, it has allegedly sold a total of 6,000 ETH since August 2025, worth approximately $15.85 million. The average deposit price was about $2,642.42, representing a return of more than 139x.
These on-chain movements are worth watching, but two concepts should be distinguished: depositing funds into an exchange does not mean a sale has been completed, and clues linking addresses do not confirm their ownership.
If large ETH deposits continue and market demand cannot absorb them, short-term selling pressure may increase. If trading volume is sufficient, the market may absorb the funds.
A whale taking profits does not mean the market is about to peak, nor does it mean ordinary investors can replicate the same returns. Rather than chasing 100x legends, keep an eye on on-chain flows, price reactions, and the risks of your own positions.$ETH
According to on-chain analyst @ai_9684xtpa, if the addresses in question do belong to the same entity, it has allegedly sold a total of 6,000 ETH since August 2025, worth approximately $15.85 million. The average deposit price was about $2,642.42, representing a return of more than 139x.
These on-chain movements are worth watching, but two concepts should be distinguished: depositing funds into an exchange does not mean a sale has been completed, and clues linking addresses do not confirm their ownership.
If large ETH deposits continue and market demand cannot absorb them, short-term selling pressure may increase. If trading volume is sufficient, the market may absorb the funds.
A whale taking profits does not mean the market is about to peak, nor does it mean ordinary investors can replicate the same returns. Rather than chasing 100x legends, keep an eye on on-chain flows, price reactions, and the risks of your own positions.$ETH