Whale 0x3c9E Panic-Sells 4,000 ETH at $3,110 Despite Daily Buying Streak

Source: CryptoNewsNet Original Title: Panic-Sell Sequel: 4K ETH Dumped at $3,110 Original Link:

Daily Buying Pattern Since January

Since January 9, whale 0x3c9E has been buying Ethereum every day. Total accumulation reached 12,200 ETH worth approximately $39.44 million at an average buy price of $3,233. Notably, the whale purchased again just 11 hours before executing the panic sell of 4,000 ETH ($12.44 million) at $3,110. This timing made the subsequent sell decision particularly striking.

This is not an isolated case. On-chain records from late 2025 show similar behavior patterns. The whale previously bought ETH near local highs and later sold during market corrections, with trades involving over $100 million in volume. Losses were driven by poor timing rather than inadequate position sizing.

Funds Moved to Centralized Exchanges

Blockchain data shows ETH transfers moving to centralized exchanges. These transfers typically signal intent to liquidate positions. The pattern matches earlier exit behaviors. The data confirms panic-driven execution rather than strategic hedging maneuvers.

Psychology Over Strategy

Community analysis focuses on trading psychology and emotional decision-making. Fear appears to override long-term conviction, even for large holders. This behavior often exacerbates market volatility during downturns and highlights how capital size does not eliminate emotional stress during price corrections.

Market Trend Remains Unchanged

Despite individual whale actions, Ethereum’s broader market trend remains intact. Short-term volatility continues, but long-term structure has not fundamentally shifted. Individual panic moves rarely alter market direction. The case serves as a reminder that discipline and conviction matter more than capital size alone.