Bullish Dilemma: A well-known OG player faces a $5.56 million capital loss crisis

MetaMaskVictim · 2026-01-15T14:43:45+00:00

During the market adjustment, a veteran player in the Bitcoin ecosystem faced unrealized losses of over $9 million and lost $5.56 million in funding costs. Their holdings of BTC and ETH are both at a loss, with only the SOL position still profitable, indicating the differing resilience of various assets in the current market.

MetaMaskVictim

2026-01-15 14:43:45

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Under continuous market adjustments, a seasoned participant in the Bitcoin ecosystem is facing a quite severe situation. According to on-chain data monitoring platform Onchain Lens, this OG-level player currently has a long position unrealized loss exceeding $9 million.

What’s more concerning is that this player has already burned through $5.56 million just on funding costs, which, on top of the holding losses, further eats into profit margins.

Specifically, their BTC and ETH positions are currently in loss, but it’s worth noting that their SOL position remains profitable, becoming the only bright spot in the entire portfolio. This reflects the differing resilience of various assets during this round of adjustment—mainstream major coins are under heavier pressure, while some alternative assets are showing relatively strong performance.

BTC-0.2%

ETH-0.56%

SOL-1.68%

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