Whale buys $61.9M ETH, sits on $1M unrealized profit

Whale buys $61.9M in ETH as price retests $2,100.

A single wallet accumulated about $61.9M in ETH, per Arkham. Price is pushing back toward $2,100.

Arkham’s explorer shows the inflows across several overnight transactions. See the wallet here: Arkham wallet profile.

The address already holds an unrealized profit of $1M+. Arkham posted the snapshot here: Arkham data on X.

Whale orders can move liquidity and sentiment. One buy isn’t a thesis. Big traders also hedge, arbitrage, or take short-term market positioning.

Price context stays mixed. ETH is attempting to reclaim $2,100–$2,150 after a late‑2025 downtrend from above $4,000. The early Feb 2026 selloff briefly pierced $2,000 on heavy volume. Since then, price is consolidating in a $1,900–$2,150 band. Major MAs still slope down and cap rallies. Chart reference: ETHUSDT on TradingView.

Holding above $2,100–$2,150 would set up a broader recovery. A rejection keeps the range intact.