Whale Big Move: Another major holder sweeps 20,000 ETH, with a total holding value exceeding $230 million

HashBard · 2026-01-23T00:06:10+00:00

A well-known whale made a large purchase of 20,013 ETH through the FalconX platform on January 23, with a transaction value of approximately $59 million. Its total holdings reached 80,115 ETH, worth about $2.3655 billion. Recent large-scale acquisitions of ETH indicate confidence in the long-term value of Ethereum.

HashBard

2026-01-23 00:06:10

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【Blockchain Movement】According to on-chain monitoring data, a well-known whale address made a move again on January 23rd, purchasing 20,013 ETH (Ethereum) on the FalconX trading platform, with a transaction volume reaching approximately $59 million.

After this transaction, the total holdings of this whale address reached 80,115 ETH, valued at about $2.3655 billion. Such a holding size ranks among the top-tier funds in the crypto market, and its every move can potentially impact market liquidity and price trends.

It is worth noting that this is not an isolated action by the whale. Recent on-chain data shows that large holders continue to accumulate ETH, reflecting their optimistic outlook on Ethereum’s long-term value. During periods of market sentiment volatility, such large purchases are often seen as a sign of confidence from institutions and whales in the asset’s prospects.

ETH-3,16%

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StakeHouseDirector

· 9h ago

Big Whale is buying the dip again, this rhythm... When can we retail investors catch up?

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CascadingDipBuyer

· 9h ago

The big whale is buying the dip again, this rhythm is truly amazing. I'm still debating whether to add to my position or not.

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SignatureAnxiety

· 9h ago

The whales are bottom fishing again. I want to follow suit, but my pockets are empty.

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SerumSquirrel

· 9h ago

Whales are eating, we need to keep up, or we'll be the ones getting cut again.

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SchrodingerGas

· 9h ago

Still throwing money at FalconX? This guy is really all in, with 80K ETH almost enough to clear a small exchange's liquidity pool. But honestly, this kind of buying pattern looks like testing market resilience... just trying to see if they can avoid revealing their position intentions. From a game theory perspective, every move by the big whale is actually sending signals to market participants—signals themselves are more valuable than the trading price, do you get it? By the way, if this $236 million position suddenly dumps, the trading costs would be huge... that’s the real constraint limiting their actions.

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wrekt_but_learning