Dip Buyers Anonymous… Except Nobody Logged Out🥶. You can almost hear the keyboards smashing when $ETH slipped again. Instead of backing off, the long crew leaned in harder. In less than an hour, the combined bet swelled from 100K ETH to roughly 105K ETH, now sitting around a chunky $204M position. Problem is… the red keeps spreading. Unrealized losses are already north of $10M, and yeah, it’s getting uncomfortable.
Take 0xa5B0eDF6B55128E0DdaE8e51aC538c3188401D41 first. This wallet is still the heavyweight. Right now it’s holding about 58,000 #ETH , worth roughly $113M. The entry sits around $2,055.7, while ETH is trading closer to $1,948. That gap hurts .. unrealized loss is sitting near $6.25M. Worth noting, he actually had 60K ETH not long ago, but about 2,000 ETH got wiped out in the last 40 minutes. Ouch… still didn’t tap out though.
Second address is, 0x6C8512516Ce5669d35113A11Ca8B8DE322fD84F6. This one’s carrying roughly 45,000 ETH, valued around $87.7M. Entry is about $2,029.4, mark price hovering near $1,948, leaving the position down roughly $3.64M unrealized. Same vibe here , just sitting in the storm, watching the candles print.
So yeah… dip bought, dip kept dipping, and somehow the size still went up. Whether this turns into a legendary bounce or a cautionary tale, we’re already deep into “don’t blink” territory now.