Most of the previous PEPE long positions are reversing: closing losses and shifting to heavy ETH holdings

ZkSnarker · 2026-01-12T05:06:08+00:00

A whale heavily invested in PEPE closed a position on January 12th with a loss of $314,500. Subsequently, they went long on ETH with 4x leverage, currently holding 5,618.97 ETH with an unrealized profit of $330,000. This move indicates a shift in market sentiment.

ZkSnarker

2026-01-12 05:06:08

Abstract generation in progress

【Blockchain Rhythm】An interesting signal — the whale who was the most aggressive in betting on PEPE has finally made a move. On January 12th, this major holder closed their previous PEPE long position, incurring a loss of $314,500. However, they didn’t stay idle and immediately switched to a 4x leveraged long position on ETH, currently holding 5618.97 ETH.

Based on an average entry price of $3097.29, this move was well-timed — the unrealized profit has already reached $330,000. Transitioning from a setback in PEPE to increasing ETH holdings, the actions of these top traders often reveal a shift in market sentiment. Sometimes, watching how these big players adjust their positions is more intuitive than various analyses.

PEPE-1,85%

ETH-1,03%

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BottomMisser

· 14h ago

Lost 310,000 and immediately turned to buy ETH. This mental resilience is truly incredible, way better than mine by many times.

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BlockchainRetirementHome

· 01-12 06:23

Ha, this whale is really bold. After losing on PEPE, it immediately went all-in on ETH. The move takes guts. The $320,000 unrealized profit was quickly turned into actual profit. No wonder big players are always big players. PEPE is definitely going to cool off this round. Everyone who understands has already run. Honestly, following whales to make money is way more reliable than listening to analysts talk nonsense. I think, this is a signal. Need to ponder it more.

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ConsensusDissenter

· 01-12 05:36

Lost 310,000 and then turned around to use 4x leverage to trade ETH, this pace... really makes the whales look good

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FrontRunFighter

· 01-12 05:36

lmao classic whale behavior—loses 314k on meme coin, immediately yolks into eth on 4x leverage like nothing happened. that's the dark forest energy right there, tbh. dude's literally frontrunning his own portfolio adjustment before the market figures it out. already up 330k? ngl the timing reeks of someone who knows something about market microstructure we don't see yet.

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ShitcoinArbitrageur

· 01-12 05:36

Lost 310,000 and turned around to use 4x leverage to trade ETH. This whale's mental resilience is truly exceptional. PEPE collapsed, and it collapsed; when asked to switch, I switch. I just can't learn this kind of heart...

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ProposalManiac

· 01-12 05:35

Lost 310,000 and then turned around to leverage 4x on ETH. This guy's risk preference mechanism is really aggressive... But on the other hand, the position adjustments of such big players indeed explain the issue better than endless candlestick analysis, purely a manifestation of incentive compatibility.

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SlowLearnerWang

· 01-12 05:22

Oh no, it's the same old trick of reverse copying by big players. By the time I realize it, PEPE has already cooled off...

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StillBuyingTheDip

· 01-12 05:18

Wow, this whale is really ruthless. PEPE lost 310,000 but still managed to switch instantly. I really admire this decisiveness... ETH is truly impressive this round, with unrealized gains of 330,000. The timing of this move is perfect.

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NewDAOdreamer

· 01-12 05:14

Oh no, even this whale can't withstand PEPE anymore. After losing so much, they turned around and attacked ETH. I really feel the sentiment has shifted.

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