A major asset holder loses over a billion on long positions in cryptocurrency

NestedFox · 2026-01-13T09:34:16+00:00

The owner of a significant cryptocurrency portfolio suffered a $1.451 billion loss on $310 million positions, particularly hit by a $46.43 million loss in Solana. Despite recent losses, they increased their Solana holdings just hours prior, highlighting market volatility and risks for even experienced traders.

NestedFox

2026-01-13 09:34:16

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The owner of a significant cryptocurrency asset portfolio suffered a loss of $1.451 billion on positions worth $310 million. The portfolio includes long-term bets on Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and XRP.

The most painful hit was on the Solana (SOL) position — one of the long positions worth $46.43 million decreased in value by $817,000. Notably, there is a paradoxical decision: despite the current losses, the holder increased their Solana positions just two hours ago.

The situation is even more tense when looking at the recent dynamics. Since the peak prices recorded yesterday evening, the potential profit of the portfolio has transformed from an expected gain of nearly $10 million into a real loss. This sharp change demonstrates the volatility of the cryptocurrency market and the high risks involved in working with large positions, even for experienced traders.

BTC-1.84%

ETH-1.48%

SOL-1.07%

XRP-2.06%

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