This on-chain data is quite interesting— a whale holding 230 million in position, previously long on ETH with a top position, was floating a loss of 74 million just half a month ago, and all major communities were waiting to see it get liquidated. As a result, the market reversed with a rebound, not only recovering the loss but now showing an unrealized profit of 26.82 million. This rebound has earned it over 100 million in profit.



The funniest part is that everyone was expecting ETH to drop to around 2100 before a textbook-style rebound, but it reversed unexpectedly. This whale now holds a position worth 825 million, using 3.2x leverage.

Careful examination of its position details:

ETH makes up the bulk, with 203,000 ( worth 660 million ), entry price 3147, unrealized profit of 21.1 million. BTC also has 1,000 ( worth 9.256 million ), entry price 91506, unrealized profit of 1.05 million. It also added 511,000 SOL ( worth 71.26 million ), entry price 130.1, unrealized profit of 4.65 million.

With this combination, it has basically bet on the bullish outlook for mainstream coins. The market’s rebound this time indeed exceeded many people's expectations.
ETH3,13%
BTC3,16%
SOL2,29%
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FlashLoanLordvip
· 01-09 10:57
Damn, this whale is really top-notch. The 74 million floating loss was stubbornly held back, I’m breaking apart. Oh my, playing with 3.2x leverage this big, truly brave. Where’s the promised 2100 bottom rebound? Instead, it reversed immediately, leaving everyone in the air. Putting all in on mainstream coins is truly bold. This time, I’m catching the dividends; otherwise, it would have been a textbook liquidation. Just looking at this on-chain order shows what it means to make money. I, an ordinary person, can only watch the excitement. The fact that the rebound exceeded expectations shows that too many people are trapped at high levels. This whale’s position structure, ETH, BTC, SOL all swept through, really didn’t miss any profit opportunities. If I had this courage and capital, I would have been lying around earning a billion long ago. Unfortunately, I only have viewing rights.
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nft_widowvip
· 01-07 07:37
Wow, this whale's mental resilience is really strong. They can withstand a loss of 74 million without flinching. If it were me, I would have already run. The market rebound this time is indeed outrageous. It didn't even wait for 2100 and immediately turned around. 3.2x leverage still bouncing around. Now that's the true gambler spirit. 200,000 ETH, a number I will never earn in my lifetime...
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LiquidationHuntervip
· 01-07 02:56
Damn, this whale's luck is really strong. Can it really recover from a floating loss of 74 million? I thought this time we could watch the liquidation show unfold.
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GateUser-4745f9cevip
· 01-07 02:55
Wow, this whale really managed to withstand it. I was actually bearish on it before.
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OnChainArchaeologistvip
· 01-07 02:47
Wow, this whale's mentality is really strong. Losing 74 million but still holding on, now it's time to turn things around and sing the song of the oppressed. Honestly, leveraging 3.2x on so many mainstream coins, and just one correction and they have to run away. I can't understand this gambler's mentality. Is the rebound exceeding expectations? No, they had already calculated it, it's just that retail investors got caught in the trap. ETH, BTC, SOL all in—are they trying to win big or lose everything? If this wave turns around and crashes, 825 million will evaporate in an instant, do you understand the meaning of leverage? I just want to know when this whale will take profits. Greed is the biggest enemy.
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DAOdreamervip
· 01-07 02:44
Wow, this whale really held on tight. They managed to recover from a floating loss of 74 million and break even, even making an additional 100 million. This luck is unparalleled.
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GasFeeSobbervip
· 01-07 02:43
Wow, how big must this whale's heart be? It hasn't been cut even after a floating loss of 74 million. How strong must the mental resilience be... But on the other hand, that's why I will always be a small retail investor, I simply don't have that kind of resolve.
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AirdropHermitvip
· 01-07 02:41
Damn, this whale's mental resilience is too strong. They didn't sell even with a 74 million floating loss, which shows they really believe in the future.
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