According to @ai_9684xtpa, Trend Research sold another 20,000 ETH, bringing estimated total losses to about $554M. According to @ai_9684xtpa, since yesterday 73,589 ETH were deposited to Binance at an average deposit price of $2,299.96 and likely sold, implying roughly $59.19M in realized loss, while on-chain holdings of 598,342.35 ETH still show about $495M in unrealized loss. According to @ai_9684xtpa, on-chain data from Arkham address 0xFaf1358Fe6a9FA29A169Dfc272B14E709f54840f indicate a $38M USDT withdrawal from Binance followed by an Aave debt repayment, supporting the conclusion that the deposited ETH was sold.

According to @KobeissiLetter, BitMine (BMNR) has accumulated approximately $6.6 billion in unrealized losses tied to Ethereum (ETH). According to @KobeissiLetter, if those losses are realized, the position would rank as the fifth largest documented principal trading loss on record, at roughly 66% of the size of the 2021 Archegos loss.

According to @EmberCN, Trend Research sold 53,589 ETH for about 123 million USD and withdrew 121 million USDT from Binance to repay debt. Source: @EmberCN. The post states their ETH borrowing position liquidation price has been lowered to around 1,810. Source: @EmberCN. They still hold about 598,000 ETH valued near 1.33 billion USD with an average cost of 3,180, reflecting total losses of roughly 613 million USD, including 47.42 million realized and 565 million unrealized. Source: @EmberCN.

According to @OnchainLens, the whale known as '7 Siblings' purchased an additional 6,820 ETH for $15M USDT, bringing its two-day total to 30,959 ETH acquired for $72.21M at about $2,332 per ETH. According to @OnchainLens, the entity’s activity is tied to addresses 0x741aa7cfb2c7bf2a1e7d4da2e3df6a56ca4131f3 and 0x28a55c4b4f9615fde3cdaddf6cc01fcf2e38a6b0. According to @OnchainLens, the entity previously had an open order to buy more ETH via CoWSwap, signaling continued execution interest.

According to @lookonchain, Trend Research deposited another 20,000 ETH to Binance and has sent a total of 33,589 ETH to Binance over the past 20 hours (source: @lookonchain). According to @lookonchain, the address withdrew 77.5M USDT to repay its loan on Aave and is selling ETH to service that debt (source: @lookonchain). According to @lookonchain, the entity still holds 618,045 ETH (source: @lookonchain).

According to Onchain Lens, Trend Research transferred another 20,000 ETH to Binance, bringing total deposits to 53,588 ETH to sell and repay a loan (source: Onchain Lens). Onchain Lens also noted earlier activity where the entity deposited 30,000 ETH, sold, and repaid the loan, with cumulative deposits of 40,000 ETH and a 6,412 ETH withdrawal within 18 hours prior to the latest transfer (source: Onchain Lens). Onchain Lens attributed these exchange inflows to selling and loan repayment by the entity, reflecting active on chain deleveraging (source: Onchain Lens).

According to @ai_9684xtpa, Trend Research transferred 20,000 ETH to Binance to avoid liquidation, reporting continued exchange deposits over the last 24 hours; if sold, the position would realize a 42.67M USD loss, and on-chain ETH holdings now stand at 608,251.55 ETH worth about 1.28B USD, source: https://x.com/ai_9684xtpa/status/2018204116221317509. Position analysis shows six wallets using WETH as collateral against stablecoin loans, with liquidation prices spanning 1781.09 to 1862.02 USD, source: https://x.com/ai_9684xtpa/status/2018165372026073463. Top exposures include 0xe5c248d8d3f3871bd0f68e9c4743459c43bb4e4c at a 1,833.84 USD liquidation level and 0xfaf1358fe6a9fa29a169dfc272b14e709f54840f at 1,862.02 USD; wallet details referenced via intel: https://intel.arkm.com/explorer/address/0xFaf1358Fe6a9FA29A169Dfc272B14E709f54840f, source: https://x.com/ai_9684xtpa/status/2018165372026073463.

According to @lookonchain, two Ethereum wallets dormant for about five years deposited 44,490 ETH into Aave and borrowed 104M USDT to buy 45,319 ETH at an average price near 2,295, indicating a leveraged looped borrowing accumulation strategy, source: @lookonchain. The specific deposit, borrow, and swap transactions are visible for the reported addresses via Arkham Intelligence, confirming the sequence of Aave collateralization followed by ETH purchases, source: Arkham Intelligence via @lookonchain. This setup increases net long ETH exposure using collateralized loans and subjects positions to liquidation if the health factor falls as ETH price declines, consistent with Aave risk and liquidation mechanics, source: Aave documentation. Increased USDT borrowing raises Aave stablecoin utilization, which mechanically lifts variable borrow rates and funding costs for leveraged looped positions, source: Aave interest rate model documentation.

According to @OnchainLens, whale address 0xFB78AA8F38843629e89951D9db6FdC398d75e0A3 bought 14,750 ETH (about $33.88M) and 740 cbBTC (about $56.91M) from FalconX and Coinbase, bringing total holdings to 150,572 ETH (about $336.89M) and 750 cbBTC (about $57.12M) [source: @OnchainLens]. According to @OnchainLens, earlier inflows included 15,642 ETH and 10 cbBTC from WinterMute and Coinbase before the latest accumulation [source: @OnchainLens].

According to @ai_9684xtpa, an ETH whale deposited 12,058.4 ETH to OKX in the past 15 hours and has likely sold 33,680.4 ETH since 01.20, implying potential realized-loss selling of about $13.61M if fully sold, source: @ai_9684xtpa. The address has accumulated 55,262.16 ETH since 2025.12.05 at an average cost near $3,120, indicating distribution below cost and near term sell pressure into OKX, source: @ai_9684xtpa. The whale appears in selling mode with about 18,823.9 ETH likely sold over the past week and an additional 5,133.91 ETH deposited to OKX in the past 11 hours, a setup traders can monitor via exchange inflows and onchain whale tracking shared by the source, source: @ai_9684xtpa.

According to @EmberCN, positioning at the current level is split: some institutions such as Trend Research are stop-loss deleveraging, while a dormant whale or institution reactivated after 5 years and opened a coin margined long on ETH by posting 44,500 ETH in collateral (about 102 million dollars) and borrowing 70 million. According to @EmberCN, this highlights conflicting leverage flows at the same price zone, with whales adding exposure while certain institutions reduce risk.

According to @lookonchain, Trend Research deposited 33,589 ETH (about $79M) to Binance and withdrew 77.5M USDT to repay an Aave loan, indicating active ETH sales for debt repayment (source: @lookonchain). @lookonchain also reports the address still holds 618,045 ETH (about $1.4B), with holdings visible via Arkham Intelligence (sources: @lookonchain; Arkham Intelligence). Repaying debt on Aave improves the borrower health factor and lowers liquidation risk by design (source: Aave documentation).

According to @ai_9684xtpa, Trend Research deposited a cumulative 40,000 ETH to exchanges and transferred approximately USD 94.53 million in ETH to Binance at a reported deposit price of 2,363.36, with the position carrying an unrealized loss of about USD 29.64 million if sold at that level; on-chain holdings remain 618,252.76 ETH with an estimated average cost near USD 3,104.36, source: @ai_9684xtpa on X. Wallet evidence is tied to ARKM Intel addresses 0xE5C248D8d3F3871bD0f68E9C4743459C43BB4e4c and 0x85e05C10dB73499fbDeCAb0dfbB794a446feEeC8, supporting the transfer and balance data, source: ARKM Intel via @ai_9684xtpa on X. The transfers were described as a move to reduce liquidation risk by shedding leverage, with 10,000 ETH deposited and 6,411 ETH subsequently withdrawn within minutes, source: @ai_9684xtpa on X.

According to @EmberCN, Trend Research sold 33,589 ETH for about $79.12M and withdrew 77.52M USDT from Binance to repay, reducing its ETH borrowing liquidation level from $1,880 to around $1,830. According to @EmberCN, the fund still holds 618,000 ETH (about $1.43B) with an average cost of $3,180 and shows total losses of $562M, including $27.71M realized and $534M unrealized.

According to @OnchainLens, the on-chain entity known as 7 Siblings purchased an additional 11,333 ETH for 26.13 million USD, bringing total buys to 24,139 ETH valued at 57.21 million USD with an average entry of 2,370 USD over the past two days (source: @OnchainLens). The wallets 0x741aa7cfb2c7bf2a1e7d4da2e3df6a56ca4131f3 and 0x28a55c4b4f9615fde3cdaddf6cc01fcf2e38a6b0 are associated with these transactions, and an open buy order to acquire more ETH remains active on CoWSwap (source: @OnchainLens). Traders can reference the stated average cost and monitor ongoing DEX execution directly via the cited addresses for confirmation of continued accumulation activity (source: @OnchainLens).

According to @OnchainLens, The Trend Research sent an additional 30,000 ETH to Binance, executed sales, and repaid a loan; in total over the last 18 hours the entity deposited 40,000 ETH to Binance and withdrew 6,412 ETH, based on ARKM Intel on-chain data (source: @OnchainLens; ARKM Intel). This confirms realized sell-side flow and leverage reduction from the wallet, implying a net exchange inflow of roughly 33,588 ETH from the tracked addresses over the period (source: @OnchainLens).

According to @CryptoMichNL, ETH has broken support against Bitcoin on the ETHBTC pair, setting up two potential paths, source: @CryptoMichNL. He highlights a continuation toward 0.026 as the more likely scenario to establish a bottom, implying roughly 10-15% additional downside, source: @CryptoMichNL. The alternative scenario is a swift recovery to reclaim 0.03250, which he views as less probable, source: @CryptoMichNL. He adds that a higher low at the proposed support would position ETH for a potential new uptrend later in the year, source: @CryptoMichNL.

According to @ai_9684xtpa, the 1011 whale has deposited a cumulative 106,183.97 ETH to Binance since early morning, valued about $257 million at an average deposit price of $2,427.88, representing a large exchange inflow for ETH liquidity tracking source: @ai_9684xtpa on X. The source notes the whale still holds 469,642.98 ETH on-chain and provides an Arkham Intel wallet address for verification source: @ai_9684xtpa on X; Arkham Intel explorer link referenced by the source. An earlier update from the same source reported a 99,998.97 ETH deposit and current holdings of 39,604.91 BTC tied to the entity, along with a suspected selling address source: @ai_9684xtpa on X; Arkham Intel explorer link referenced by the source.

According to @ai_9684xtpa, Formula News founder Vida fully closed his low-entry ETH (ETH) position for an approximate $96,000 profit, buying near 2,281.1 and selling around 2,392.29, and stated on Telegram that he exited over concerns a US equities drop could trigger a crypto retest (source: @ai_9684xtpa). According to @ai_9684xtpa, Vida had earlier disclosed purchasing 1,983.57 ETH around 2,281 totaling roughly $2 million, showing about $259,000 in unrealized gains, preparing $20 million for buying deeper dips, and arguing that after the liquidation of the “1011 insider whale” a major weekend crash was unlikely, planning to hold ETH into Monday while awaiting precious metals stabilization before a crypto rebound (source: @ai_9684xtpa). According to @ai_9684xtpa, the realized take-profit and stated rationale reflect a near-term de-risking stance on ETH tied to cross-asset risk, with positioning updates shared via public X and Telegram channels (source: @ai_9684xtpa).

According to EmberCN, an ETH whale who was liquidated on Hyperliquid with an estimated USD 230 million loss transferred 100,000 ETH valued around USD 242 million into Binance, raising sell-off questions. According to EmberCN, the same address borrowed about USD 240 million on Aave and sent it to Binance days earlier, then withdrew 148,000 ETH worth about USD 431 million from Binance at an average price near USD 2,912. According to EmberCN, after the latest 100,000 ETH transfer to Binance, the address still holds roughly USD 4.5 billion in on-chain assets. According to EmberCN, these on-chain flows by a large ETH whale toward Binance are being watched for potential exchange inflow driven selling risk.