BTC Old Whale's $740 million long position unrealized loss expands to $54.5 million, with all three currencies under pressure

【Block Rhythm】A long-term BTC holder has recently attracted market attention. According to on-chain data monitoring, this whale is currently holding a total long position of $740 million across the three major cryptocurrencies: BTC, ETH, and SOL.

Unrealized losses continue to widen. Currently, the total loss has reached $54.5 million, and funding fee expenses amount to $3.2842 million. However, when the market rose yesterday, unrealized losses narrowed to $25 million, demonstrating the sensitivity of this position.

Regarding the specific position distribution: ETH has the largest position, with a long of $594.75 million, an opening average price of $3,147.39, and a current loss of $45.2 million; BTC holds $87.38 million, with an opening price of $91,506.7, and an unrealized loss of $4.13 million; SOL has a long position of $62.82 million, with an opening price of $130.19, and a current unrealized loss of $3.78 million.

The actions of such a large whale often indicate market direction and are worth close monitoring by traders.

BTC-0.64%
ETH-0.41%
SOL-0.54%
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MEVHunter_9000vip
· 7h ago
Haha, this guy is really throwing a tantrum. Holding on stubbornly with a floating loss of 54.5 million—how strong must his mentality be? The ETH position is too heavy in the portfolio; it feels like it will drop further. The funding fee has already burned through 3.28 million. How much can this fee do? But on the other hand, when the floating loss rebounded to 25 million, why didn't he reduce his position? Is he truly a faith-based player or just too trapped? If this whale cuts its losses, the market will shake again.
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StakeWhisperervip
· 7h ago
Still holding on after losing 54 million in unrealized losses, this mentality is truly hopeless.
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TokenomicsDetectivevip
· 7h ago
This guy is really gambling. He's lost 54.5 million in unrealized losses and is still holding on stubbornly, almost eating through his funds and fees.
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ChainMaskedRidervip
· 7h ago
Haha, this guy is really risking his entire life. Still holding a floating loss of $54.5 million... Probably this time it's either a all-in comeback or a permanent monument. ETH is under the most pressure; let's hope it doesn't drop further.
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ThesisInvestorvip
· 8h ago
$54.5 million floating loss, how tough does this guy have to be to keep holding on This brother is probably betting on a rebound, yesterday the loss narrowed to $25 million, and today it's back... ETH accounts for the largest portion with the biggest loss, entry price at 3147, and now this price is indeed a bit awkward Funding fee alone is 3.28 million, and this holding cost is outrageous, still has to keep paying interest $740 million just floating there, how strong must the mentality be, I truly admire it
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