Big whale adds 210,000 SOL at dawn, with a total long position unrealized loss of nearly $60 million

2025-12-26 00:52:12

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【Chain News】An interesting on-chain movement: A whale that previously opened a long position with $230 million suddenly made a move early yesterday morning after holding their position steady for a week, adding another 210,000 SOL tokens, equivalent to approximately $25.2 million.

After this operation, the whale’s total long position has expanded to $740 million — but the current paper loss doesn’t look good. Overall, there is an unrealized loss of $59.96 million. Breaking it down:

ETH portion is the most painful: 203,000 tokens, a cost basis of $3,147, with an unrealized loss of $49.39 million. BTC portion is relatively stable: 1,000 tokens, a cost basis of $91,506, with an unrealized loss of $4.33 million. SOL portion includes the latest added position: 511,000 tokens, an average cost of $130.1, with an unrealized loss of $5.24 million.

The signal from this increased position is very clear — the whale is not scared off by the unrealized loss, but instead chooses to continue accumulating SOL at low levels. Whether they are optimistic about a rebound or have other intentions, the market is still observing.

SOL0.4%

ETH0.69%

BTC1.49%

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quietly_staking

· 2h ago

Adding to the position? This guy really has faith. Facing a floating loss of nearly 60 million and still daring to pour in... I'm not saying, this kind of move is either great wisdom or he's truly betting everything on it.

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HalfIsEmpty

· 2h ago

Adding positions early in the morning, is this bottom fishing or risking liquidation... Still daring to move with a floating loss of nearly 60 million, I'm really speechless.

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CryptoMotivator

· 2h ago

No, this whale is really ruthless. Floating losses nearly 60 million and still daring to throw 25 million to continue buying? I’m convinced. --- That part about ETH is indeed heartbreaking, but as long as it rebounds a few hundred dollars, it should be able to break even. This brother still has quite a gambling spirit. --- Continuing to add positions at low levels... Either he's a genius or he's trapped and giving up, can't tell the difference. --- Forget it, I won't watch anymore. Small investors are prone to self-doubt when seeing this kind of operation. Copying others' trades is safer. --- Honestly, daring to add positions in this situation either means strong conviction or having no other options at all, haha. --- Over 740 million in positions with floating losses of 59 million, how strong must that mentality be? I would have been emo long ago. --- Ah... it looks like he's trying to lower the average cost, but it feels more like he's being forced to top up his position.

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RunWithRugs

· 2h ago

Damn, this whale is really fierce. Losing 60 million and still daring to keep throwing in? I wouldn't have that courage. This guy must have seen something we can't see, or he's just a pure gambler. That ETH part really hits hard. With a floating loss of nearly 50 million, he still adds to his position? Amazing.

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