On-chain whales are making big moves again! A large-scale sell-off of 40,621 ETH is underway.

2026-01-19 09:29:50

Abstract generation in progress

According to on-chain data tracking, a large Ethereum whale address starting with 0xa339 has been continuously advancing its liquidation of leveraged long positions. This time, it sold an additional 5,000 ETH in exchange for approximately 14.7 million USDC.

Whale’s Large-Scale Liquidation

This whale address has adopted a cyclic lending strategy to amplify its long positions and is currently offloading in batches. To date, the address has sold a total of 40,621 ETH, totaling $118.5 million in stablecoins. Based on the average sale price, the transaction price per ETH is approximately $2,917.

Current ETH Market Price

According to real-time data, the price of Ethereum is currently quoted at about $3.21K. Compared to the whale’s historical average transaction price, the current price range shows significant volatility potential.

Market Signal Interpretation

Large whale disposals are often seen as a risk release signal for long positions. This batch-by-batch selling behavior indicates that the address is systematically liquidating its leveraged positions, which may reflect a certain adjustment in the whale’s market outlook. For active on-chain participants, such large transaction data often serve as an important reference for gauging market sentiment.

ETH-4,23%

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