The cryptocurrency market weakened this morning, and market monitoring shows that the well-known large BTC on-chain holder is under pressure. This OG-level whale's total long position has reached $814 million, with current unrealized losses expanding to $49 million.
In terms of position distribution, ETH dominates — the $660 million long position has the most severe floating loss, with an unrealized loss of $44.88 million, opened at a price of $3,161.85. The $89 million position in BTC is relatively more resilient, with only a floating loss of $2.64 million, opened at a price of $91,506.7. The $65 million position in SOL is the most resilient, with only a floating loss of $1.49 million.
Additionally, accumulated funding costs have eaten up $8 million. From the data, this large holder is under significant pressure from this wave of holdings, mainly due to a correction in ETH.
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BearMarketBard
· 19h ago
It's another story of being repeatedly battered by ETH; 814 million still can't withstand this wave of decline.
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GasFeeCrier
· 19h ago
ETH this wave is really painful, dropping directly from 3161. How big of a heart does it take for that big brother to hold on... It's easy to say a floating loss of 44.88 million, but it must be much more uncomfortable in reality.
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CryptoMotivator
· 19h ago
ETH this time really hit hard, even big investors can't withstand it. The floating loss of 44.88 million is so painful.
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NftBankruptcyClub
· 19h ago
800 million USD position still got beaten down, ETH this wave is really fierce
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DeFiAlchemist
· 19h ago
eth bleeding out while the whale's transmutation experiment crumbles... 49M in losses, ngl the math doesn't vibe anymore
The cryptocurrency market weakened this morning, and market monitoring shows that the well-known large BTC on-chain holder is under pressure. This OG-level whale's total long position has reached $814 million, with current unrealized losses expanding to $49 million.
In terms of position distribution, ETH dominates — the $660 million long position has the most severe floating loss, with an unrealized loss of $44.88 million, opened at a price of $3,161.85. The $89 million position in BTC is relatively more resilient, with only a floating loss of $2.64 million, opened at a price of $91,506.7. The $65 million position in SOL is the most resilient, with only a floating loss of $1.49 million.
Additionally, accumulated funding costs have eaten up $8 million. From the data, this large holder is under significant pressure from this wave of holdings, mainly due to a correction in ETH.