TLDR
- According to Lookonchain, wallet 0x4cee added 10,380 ETH, valued at about $19.91 million.
- An indexed Ethereum transaction recorded incoming funds at 06:22 UTC on November 13.
- The whale’s reported holdings reached 25,498 ETH, valued at approximately $49.44 million.
- Lookonchain estimated $11.3 million in unrealized losses against an average entry price of $2,382.
- CoinGecko showed Ethereum trading near $1,940, below the $2,000 level on November 13.
An Ethereum whale received 10,380 ETH, worth about $19.91 million, as prices fell on November 13. Lookonchain identified the address as 0x4cee and reported its total holdings had reached 25,498 ETH. The tracker estimated the position’s value at $49.44 million, despite sizable unrealized losses.
A separately indexed Ethereum transaction records the transfer at 06:22 UTC. Funds moved from 0x690c…91cc to 0x4cee…e4a7, according to TrackWhale. That confirms the incoming transfer, although movement alone cannot establish an executed purchase. TrackWhale classifies the movement as rotation, not a confirmed spot-market trade.
Earlier Profit Contrasts With Current Losses
Lookonchain stated that the whale previously profited $3.66 million from trading 10,500 ETH. That earlier position carried a reported value of $23.64 million about two months ago. The new transfer adds to an accumulation effort now substantially larger than that earlier trade.
Whale 0x4cee, who made $3.66M buying low and selling high on 10,500 $ETH ($23.64M) 2 months ago, bought another 10,380 $ETH ($19.91M) just 1 hour ago.
The whale has now accumulated 25,498 $ETH ($49.44M) at an average price of $2,382 and is sitting on $11.3M in unrealized losses.… pic.twitter.com/w3tgM7FJ3i
— Lookonchain (@lookonchain) November 13, 2026
The tracker calculated an average entry price of $2,382 across the current 25,498 ETH position. At its reported market value, the holdings carried approximately $11.3 million in unrealized losses. Those losses remain estimates rather than realized trading results. The estimated drawdown equals roughly 18.6% of the position’s implied acquisition cost.
The stated average cost implies a total purchase basis near $60.74 million. This contrasts with the reported $49.44 million portfolio valuation. However, blockchain transfers cannot independently establish an investor’s complete acquisition costs or realized profit history.
Ethereum Price Struggles Below $2,000
CoinGecko’s Ethereum chart showed ETH trading around $1,940 on November 13. The token was down approximately 5% over 24 hours and more than 12% over seven days. Its intraday trading range stretched from approximately $1,905 to $2,050.
Source: CoinGecko
The decline places ETH’s price materially below the whale’s reported $2,382 average acquisition price. It also explains why a large incoming transfer can coincide with substantial paper losses. However, one wallet’s activity cannot establish the direction of the broader market.
Daily RSI data showed 24.5, below the conventional oversold threshold of 30. The same analysis identified potential support around $1,888 and resistance near $2,039. Those levels represent chart-derived reference points, not assured price outcomes. An oversold RSI reading describes recent momentum and does not confirm that selling has ended. Reclaiming $2,039 would put ETH above the nearest cited resistance, according to that chart. The weakness follows the prior session’s close near $2,020, according to exchange candle data.
