An on-chain analyst reports that a crypto whale, previously profiting $14.26 million trading WBTC, has accumulated 13,700 ETH since early 2026, worth $43.91 million. The whale recently moved 1,000 ETH from Kraken to Aave, using it as collateral. Despite the large holding, the position currently shows an unrealized loss of $216,000 due to market price shifts.
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Whale Accumulating 13,700 ETH at $3,205 Avg Entry Faces $216K Unrealized Loss
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