On-chain research. I name the wallet and follow it for months. DeFi rotations · LP → CEX · recurring whales
onchain
- Tweets 2,071
- Following 872
- Followers 1,741
- Likes 19,993
Pinned Tweet
Sell in parts, don't be greedy, and don't listen to people who claim that altseason has started, or similar idiots. You still have a little time left.
$OTHERS
4
2
18
3,098
SOLD $1M OF UNI, KEPT $1.08M
This wallet sold $UNI in five clips, each for exactly 200K USDT.
Token count drifted. Dollar size never did.
Balance now: 124.7K UNI, $1.08M at $8.67, plus 1M USDT.
Next tell is that USDT. An exchange deposit reads as cash out, a new token as rotation.
1
15
1,466
STILL BUYING LIT, 110% HIGHER
A month ago this wallet paid $2.35 for $LIT. Today, $4.94.
Same clip, about 10K LIT. $23.7K then, $52.6K now.
The stack is now 200.034K LIT, $984.17K at $4.92.
Another 10K above $5 says price doesn't matter. A smaller clip says it does.
👀 stefansabo.eth has been building $LIT for over a month regardless of price
📥 Latest clip landed four hours ago, 10.089K $LIT worth $23.71K, through CoW Protocol as usual
🔁 The pattern goes back weeks, roughly one clip every few days, sizes ranging from a few thousand tokens to nearly 30K at a time
📈 Execution price swung from around $1.60 a month ago to about $2.49 three weeks back, now sitting near $2.35, the buying didn't stop either way
A month of steady buying through every price swing, not timed to dips or rallies.
arkm.com/explorer/address/0x…
1
3
15
1,775
BOUGHT UNI AT $3.44, SELLING AT $8.71
Four months ago one address bought 763K $UNI at an average of $3.44.
A week ago 500K of it moved to a new address. Today that address sold 200K for USDS at $8.68 to $8.74.
Balance now: 300K UNI, $2.62M at $8.73, and 1.742M USDS.
The other 263K were already sold two weeks ago at $5.04 to $5.33, before the move.
Riding a 2.5x and exiting in identical clips reads like a planned exit, not a panic.
Next tell is the last 300K. More 50K clips reads as the exit running to zero. A pause here reads as a core bag being kept.
2
2
21
2,631
ENS CAME BACK, UNI DIDN'T
Six withdrawals since the last post, $542K of $ENS and $LDO.
Every new clip is LDO or ENS. The UNI stack is held, not fed.
Balance: 2.012M LDO, $771K. 201.6K ENS, $1.2M. UNI still 454.89K, $4M.
Next tell is UNI. A fresh UNI clip puts the three-token round back. UNI going to an exchange turns this into rotation.
UNI DIDN'T MOVE, LDO DID
Last week the $LDO leg was the small one, $53.25K.
Seven minutes ago 1.126M LDO landed off Binance, $442.82K.
Balance now: 1.302M LDO, $512.1K. UNI sits where it did last week, 454.89K.
The LDO+WETH pool holds 1.35M more LDO, double the UNI+WETH leg.
Next tell is ENS. A three-token round reads as the habit holding. LDO alone reads as rotation.
1
6
2,303
THREE LIT WALLETS, 1% APART
Every $LIT clip these three pulled off an exchange left again the same size, same day.
Then an hour ago all three took another 140K and left it sitting.
Staked now: 977.1K, 979.3K and 986.7K LIT, $13.74M.
Next tell is that 140K. Staked, all three cross a million each. Sitting where it is would be the first time one of them breaks step.
THREE LIT WALLETS, ONE ROUTE
A third address took it, down to the same $LIT test clips.
Today it withdrew again too.
All three now hold 1.72M LIT, $7.86M at $4.575.
If all three stake today's 708K, one operator is the simplest read. An exchange deposit breaks the pattern.
1
7
1,222
THE MILLION WENT IN NINE CLIPS
Eleven days ago this wallet was sitting on 1M USDT next to its $AAVE stack.
Nine fills in three hours doubled that stack, every one of them near $99K.
Balance now: 14.39K AAVE, $1.85M at $128.5, and 100K USDT left.
Next tell is that last 100K. Spent in clips it reads as one order still running. Left alone it reads as a wallet that is done here.
$892K OF AAVE IN ONE HOUR
Four days ago this wallet took a single $99.56K fill of $AAVE.
Six fills today, and every AAVE on the address landed inside those four days.
Balance now: 7.348K AAVE, $989.73K at $134.7, next to 1M USDT.
Next tell is that USDT. Another $100K clip reads as a position built in steps. The whole million at once reads as a wallet that stopped waiting.
1
2
1,641
OUT OF CFG, THEN BACK IN FOR $108K
The $CFG accumulator took its last 1.6M out a week ago, at $0.10.
Today it bought 1.023M back at $0.106, 21% below its cheapest build price.
Balance now: 1.023M CFG, $110.33K.
More clips reads as a restart. Silence reads as a trade.
The $CFG accumulator spent the whole run buying between $0.134 and $0.14.
🔻 It just sold most of the stack back into USDC at $0.105 to $0.108.
🏦 Balance now 1.6M CFG, $178.59K at $0.11, down from 8.012M.
Exits ran through Velora and 1inch, the same two routes the buys were running on, in 200K to 300K clips.
That is 80 percent of the position out under the price it was paying to build it.
The tell is the last 1.6M. Out through the same routes reads as a full exit, sitting still reads as a residual.
1
5
1,949
UNSTAKED $812K SKY, DEPOSITED ALL
This wallet pulled 14M $SKY out of stake and sent the same 14M to Binance.
Not a sale yet, but unstake to deposit reads like sell prep.
Still staked: 80M SKY, $4.59M.
Next tell is the 80M. More unlocks read as an exit, none as a trim.
1
6
985
STILL PULLING LIT, 7% LOWER
One of the three pulled 208.6K more $LIT today, $4.27 vs $4.575 last post.
Its earlier withdrawals match its 770K staked almost exactly.
Balance: 979K LIT, $4.24M at $4.326.
The 208.6K is next. Into stake, it keeps adding on the drop. To an exchange, the route breaks.
THREE LIT WALLETS, ONE ROUTE
A third address took it, down to the same $LIT test clips.
Today it withdrew again too.
All three now hold 1.72M LIT, $7.86M at $4.575.
If all three stake today's 708K, one operator is the simplest read. An exchange deposit breaks the pattern.
1
6
1,287
$800K OF PUMP, 11 MONTHS LATER
1M USDC in, five $PUMP buys within 31 minutes.
The clip doubled to 200K and moved from Jupiter to Wintermute.
Balance now: 235.379M PUMP, $861K.
252K USDC left. Another 200K clip says the order is live. If it sits, the run is done.
1
6
681
SELLING AAVE AGAIN, CLIPS DOUBLED
On Aug 28 this wallet sold $AAVE in 100-token clips at $125.2.
Today, about 6% lower, it pushed out $199.5K in 200-token clips inside 30 minutes.
Balance now: 11.727K AAVE, $1.37M at $116.88.
Next tell is clip size. Back to 100 reads as a scheduled trim, 400 as the exit I ruled out last time.
1,250 ethereum:0x7fc66500c84a76ad7e9c93437bfc5ac33e2ddae9, around $156.5K, sold off in thirteen nearly identical clips over the last ten minutes, almost all 100 ethereum:0x7fc66500c84a76ad7e9c93437bfc5ac33e2ddae9 each through 1inch.
This is the same wallet from the AAVE-into-Aerodrome LP position we flagged. Now it's drip-selling on a fixed schedule, one clip every minute or so, pricing dead flat around $125.2 the whole way through.
Balance left is 12.856K ethereum:0x7fc66500c84a76ad7e9c93437bfc5ac33e2ddae9, worth $1.61M, so this is a small trickle off a much larger position, not an exit
arkm.com/explorer/address/0x…
4
1,137
BUYING LIT FASTER, 9% HIGHER
Five minutes after an $ASTER deposit, $LIT fills restarted near $4.30.
More LIT in 23 minutes than the whole $3.76 to $3.93 run since Tuesday.
Balance: 612.117K LIT, $2.61M at $4.27. ASTER 6M, $4.02M.
If LIT fills outlast the deposits, the money has a second source. If they stop together, the ASTER leg reads as the funding.
THE REFILL CAME, LIT NOW $1.59M
Another 300K aster-2:native went to the exchange an hour ago, the tenth deposit in six days.
The $LIT stack is up 61.631K since Tuesday, filled while LIT ran from $3.76 to $3.93.
Balance now: 404.743K LIT, $1.59M. ASTER down to 7.4M, $5.32M.
Next tell is the interval. Another 300K inside two days reads as a fixed schedule. A gap with LIT still filling reads as a new funding source.
1
3
14
2,485
IT SENT $200K BACK, THEN PULLED $589K
Since the last update this wallet sent 520K $WLD back to an exchange deposit address, in three clips.
Over the last four days it pulled 1.597M back out.
Balance now: 8.098M WLD, $2.95M at $0.36.
The 270K went in when WLD was $0.406. The 1.166M clip came out at $0.357.
A deposit is not a sale, but this reads like trading around the stack, not leaving it.
Update on that ethereum:0x163f8c2467924be0ae7b5347228cabf260318753 basket wallet. Another pull off Binance.
- balance moved from 6.384M to 7.021M ethereum:0x163f8c2467924be0ae7b5347228cabf260318753, another 637K added
- 625,185 WLD landed 30 minutes ago around $0.391
- same source as every prior clip: Binance hot wallet
- position now 7.021M ethereum:0x163f8c2467924be0ae7b5347228cabf260318753, around $2.72M
Still accumulating into strength. Wallet has gone 5.428M → 6.384M → 7.021M and has not stopped pulling.
1
3
1,582
THREE EXCHANGES, ONE DESTINATION
This address pulled $UNI off three different exchanges in five hours.
That is the entire stack, nothing has left.
The stack: 566K UNI, $3.68M at $6.50.
Next tell: into a contract reads as a hold. Back to any exchange reads as a venue switch.
17
1,525
SOLD $881K AERO, CLIPS GOT BIGGER
This wallet sold $AERO in 50K clips, then 100K, then one 230K.
1.63M AERO in under an hour, 64% of what it held.
Still on the address: 925K AERO, $497K at $0.54.
Next tell: another 230K clip reads as an exit. Silence reads as a trim.
5
823
FROM DEPOSITS TO $1.15M OF LIT
An hour ago this wallet pulled 265K $LIT off an exchange.
Before this, LDO and FLUID went the other way, into Bybit and Gate.
Balance now: 265K LIT, $1.15M at $4.33.
Next tell: LIT into stake reads as a hold, back to a deposit reads as a round trip.
1
7
1,010
$70 FIRST, THEN $100K+ STAKED
Four days ago this wallet took 26 $SSV off Binance and staked it.
Six hours ago the same exchange wallet sent 36.099K SSV. Into stake an hour later.
Staked now: 36.099K SSV, $101.4K.
The same route twice, first with pocket change, reads like a check of the staking flow before the size went in.
4
982
STILL PULLING VVV, 5% LOWER
Two more $VVV clips landed on this wallet in the last two days.
Three days ago VVV was $24.13. It is $22.83 now.
The stack is now 50.353K VVV, $1.15M.
That makes it the biggest position on the address, past $POD at $740.35K.
Next tell is the fifth clip. Another withdrawal reads as size still being built. A first outflow reads as a stop, not a destination.
ZERO TO $692K VVV IN HOURS
Two $VVV withdrawals hit this wallet about seven hours apart, the second nearly five times the first.
VVV is now its second largest position, behind $827.88K of $POD.
The stack is 28.672K VVV, $691.87K at $24.13.
Next tell is where the VVV goes. Staked, it reads as a hold next to POD. Back on an exchange, it reads as a stopover.
1
19
1,819
8 PONS, THEN 1.04M
A week ago this address took 8 $PONS off a hot wallet, then 98, then 681.166K.
Dust ahead of half a million reads like an address check.
Balance now: 1.04M PONS, $570.67K at $0.55.
Two more clips landed today, 25% under the price the big one carried.
Next tell is direction. Another pull keeps it one-way. A first send out flips the read.
1
9
1,293
$1.74M YB LOCKED, STILL ADDING
This wallet locked another 2.836M $YB today.
Same amount that arrived a day ago, in two clips.
Locked balance now: 20.112M YB, $1.74M.
Last post it paid $0.094. This lock went in at $0.087.
Next tell is the gap. Another lock inside two days reads as the same machine running. A longer pause reads as the bid stepping back.
IT LOCKED YB, THEN QUADRUPLED THE REST
Last post this wallet had 297.087K $YB left free.
It kept buying, around $0.092 against $0.097 before.
Free balance now: 1.209M YB, $113.46K at $0.094.
2
2
19
2,449