On January 2nd, on-chain data tracking uncovered an interesting transaction. A whale, on December 5th, borrowed 5000 ETH to short when the ETH price was at a high of $3,132. Today, as ETH re-approached the $3,000 mark, the whale chose to take profits — withdrawing 4830 ETH (worth approximately $14.75 million) from a major exchange and repaying on-chain. Over the entire trading cycle, this trader earned about $390,000 in profit through a precise high-to-low strategy. Selling at $3,132 and buying back at $3,054, although the price difference seems small, the large position of 5000 ETH ultimately yielded substantial gains.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
11 Likes
Reward
11
6
Repost
Share
Comment
0/400
TopBuyerBottomSeller
· 4h ago
It's another day of whale sniping. As a small retail investor, I can only watch others easily make 390,000.
This level of skill is truly professional. Playing with a volume of 5,000 coins so smoothly—how long do I need to save to reach that?
But honestly, making such a profit from 3132 to 3054 shows that position size is the real strength.
View OriginalReply0
LiquidityWizard
· 4h ago
This whale is really bold, making $390,000 just like that. I'm still hesitating whether to buy the dip or not.
View OriginalReply0
RektRecorder
· 4h ago
Wow, this whale is really bold. Borrowing 5,000 ETH just for fun, and the key is that they actually made a profit... I don't have the mental resilience for this.
View OriginalReply0
TheLittleBearIsNotA
· 4h ago
View OriginalReply0
StablecoinEnjoyer
· 4h ago
$390,000 just easily in hand? I want to learn this skill, it's amazing.
View OriginalReply0
PumpBeforeRug
· 4h ago
Bro, your move is really ruthless. 5000 ETH just casually empty... If I had that courage, I would be financially free already.
---
Is it really possible to make 390,000 USD like that? I need to reflect on my trading strategy.
---
The key is still the position size. Small investors can't afford to play this level of game.
---
That's why I say timing is more important than choice. 3132 is too tight.
---
Wait... this guy didn't get liquidated? That's really impressive. Most people would have cut losses long ago.
---
I just want to know how this whale is so confident that ETH will fall.
---
Although the price difference is only 2%, they are making a killing. It takes a big player who knows how to play.
---
Leverage trading with 5000 ETH... a misstep is a life-and-death situation. No one has such mental resilience.
On January 2nd, on-chain data tracking uncovered an interesting transaction. A whale, on December 5th, borrowed 5000 ETH to short when the ETH price was at a high of $3,132. Today, as ETH re-approached the $3,000 mark, the whale chose to take profits — withdrawing 4830 ETH (worth approximately $14.75 million) from a major exchange and repaying on-chain. Over the entire trading cycle, this trader earned about $390,000 in profit through a precise high-to-low strategy. Selling at $3,132 and buying back at $3,054, although the price difference seems small, the large position of 5000 ETH ultimately yielded substantial gains.