1011 Whale Strikes Again: 5x Leverage Bet on $165 Million ETH Long Position

2025-12-08 00:02:22

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[BlockBeats] There was another big move on December 8. That “1011 insider whale” continued to increase their position, stacking their 5x leveraged ETH longs all the way up to 54,277 ETH, which is about $165 million at the current price.

Looking at their average entry price, it’s locked in at $3,048.31. They’re already sitting on an unrealized profit of $580,000. While that’s not much for a position of this size, a correct bet is still a win.

Changes in positions at this level mean either they have a lot of confidence in the market outlook or they know something others don’t. Either way, when regular investors see these numbers, it’s worth thinking about where the market might go next.

ETH7.99%

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BlockchainBouncer

· 12-08 19:27

Playing this big with 5x leverage? Isn't this guy afraid of getting liquidated? --- Just casually tossing around 165 million like that, people like me can only watch from the sidelines. --- The opening price was 3048, and I was still hesitating whether to buy or not at that time. --- Does he have insider information? Feels like he's just setting a trap for those who come after. --- 580,000 in profit is really just pocket change for him. --- If this guy really knew what was coming next, wouldn't he just go all in? --- 5x leverage... that's way too bold, I can only watch. --- It's this guy again, he manages to make big news every time.

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On-ChainDiver

· 12-08 00:32

This whale really isn't afraid of liquidation, playing like this with 5x leverage. This guy must know something we don't, otherwise who would dare to pile in like this? 580,000 in unrealized profit? As small players, we're just envious watching this. Should I follow the trend or stay on the sidelines? I'm a bit unsure. If this wave crashes down, it's straight liquidation.

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ApeWithNoChain

· 12-08 00:30

Damn, 165 million thrown in—what insider info does this guy have? He's really playing hard with leverage, doesn't even care about 580,000 in profit.

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SignatureVerifier

· 12-08 00:28

ngl, 5x leverage on 165m is either big brain moves or catastrophic validation failure waiting to happen. dude's either got insider info or hasn't properly audited the liquidation vectors... statistically improbable this works out twice, but here we are. 🤔

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ProveMyZK

· 12-08 00:27

Damn, this guy really dares to play. He threw in 165 million with 5x leverage—either he's crazy or he really knows something.

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TheShibaWhisperer

· 12-08 00:24

Damn, 165 million leveraged all in, this guy is really fearless. Wait, how is his average price so low? Where did he accumulate from? Is he betting on information asymmetry? Or is he really bullish on what's coming next? Somehow this feels a bit risky to me.

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SchrodingerWallet

· 12-08 00:20

This whale is playing with fire again, 5x leverage? Not afraid of liquidation? --- $580,000 profit sounds tempting, but if that leverage turns against us, we'll be eating ramen. --- Talking about having insider info like we haven’t all thought of that, haha. --- $165 million in a single move, I don’t even have the courage to look. --- You can make money if you bet the right direction, but what if you’re wrong? That’s the gambler’s mindset. --- Every time I see news like this, I wonder when I’ll have the guts to do it myself. --- Opening price at 3048, the current price is definitely nice, but leverage is something very few people can really handle.

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LightPositionOnTheBattlefield

· 12-08 00:12

Exchanges target exactly this kind of big whale.

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HalfIsEmpty

· 12-08 00:12

1. $165 million with 5x leverage, this guy really dares to play, that's an incredible move. 2. Does he have insider information? Retail investors like us can only get rekt. 3. 580,000 in profit is just pocket change to him—people are really different. 4. Chasing whales is risky, bro. 5. 5x leverage and just one reversal will liquidate you, that takes some guts. 6. Let's wait and see his next moves, maybe he'll make a huge profit this time. 7. Is it really still all about insider info? Anyway, we're always one step behind. 8. 54k ETH... I don't even have one, haha. 9. Average entry price is 3048, when did he get in? Luck is also a kind of skill. 10. A position of this size can crash the market with just one move—so intense.

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