Large Crypto Whale Expands $666 Million Portfolio Amid Market Dip - Ab89 Analysis

InfraVibes · 2026-01-28T14:16:14+00:00

A cryptocurrency whale has increased its exposure to $666 million, adding 24,000 ETH during market declines, indicating strong conviction in digital assets. Despite current losses, this strategic contrarian approach suggests confidence in long-term gains across Ethereum, Bitcoin, and Solana.

InfraVibes

2026-01-28 14:16:14

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Following recent market volatility, a major cryptocurrency whale has made an aggressive move that signals strong conviction in digital assets. According to on-chain analyst Yu Jin and reported by PANews, this whale—initially known for a $230 million long position—has now escalated its bullish bet to $666 million in total exposure across three major cryptocurrencies. Despite facing underwater positions, the whale strategically added 24,000 ETH to its holdings during the price pullback, demonstrating a contrarian accumulation strategy.

Strategic Moves During Market Weakness

The whale’s decision to expand positions amid overnight price declines reveals a calculated approach to market opportunities. Rather than reducing exposure, the whale doubled down by adding substantial quantities to its Ethereum (ETH) holdings. This behavior suggests the whale believes current price levels present attractive entry or averaging points for long-term bullish positions.

Three-Asset Breakdown: Current Exposure Details

The whale’s diversified portfolio across Ethereum, Bitcoin, and Solana currently shows the following composition:

Ethereum Holdings (Largest Position):

175,000 ETH tokens currently valued at approximately $530.25 million (as of late January 2026)
Initial entry at $3,173 per token
Current floating loss: approximately $11.75 million

Bitcoin Long Exposure:

1,000 BTC in long position currently worth around $90.26 million
Entry price was $91,506 per coin
Floating loss: minimal at approximately $0.02 million

Solana Token Accumulation:

250,000 SOL tokens valued at roughly $31.8 million
Opened at $137.5 per token
Current floating loss: approximately $1.3 million

Overall Portfolio Status and Market Implications

The combined unrealized loss across all three positions stands near $13 million, yet the whale’s continued buying activity during weakness speaks to long-term conviction rather than short-term trading mentality. This ab89-style approach—adding to losing positions during pullbacks—represents a classic contrarian accumulation strategy often employed by sophisticated market participants who view temporary price declines as opportunities rather than warning signals. Whether this bet pays off will depend heavily on broader market recovery trends in the weeks ahead.

ETH-6.65%

BTC-5.79%

SOL-6.2%

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