[Block Rhythm] A well-known early Bitcoin player has recently attracted market attention. This trader, known as “BTC OG insider Whale,” currently has a total value of long orders exceeding $730 million, but the overall holdings situation is not ideal.
According to on-chain monitoring data, the Whale's long positions in ETH, BTC, and SOL currently have a total unrealized loss exceeding 41 million USD. Specifically, its actions in Ethereum are the largest—5x leveraged ETH long order position valued at 605 million USD, opened at a price of 3147.39 USD, currently showing an unrealized loss of 35.25 million USD.
In terms of Bitcoin, this Whale's 5x leveraged long order position is worth 88 million USD, with an opening price around 91506.7 USD, currently facing an unrealized loss of about 3.5 million USD. On the SOL side, the 5x leveraged long order position is valued at 38 million USD, with an opening price of 135.2032 USD, facing an unrealized loss of 3.05 million USD.
From an overall layout perspective, this OG trader is clearly optimistic about mainstream coins, but the current extent of losses also reflects the recent market volatility and the pressure he is under with his holdings.
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GateUser-7b078580
· 10h ago
730 million leveraged long positions trapped 41 million, this is the price of greed.
Let's wait a bit longer, the historical low hasn't been reached yet.
Data shows this guy's entry point isn't great, although 5x leverage on this wave is indeed risky.
When calculated hourly, this loss curve is still going down, have you observed the pattern?
Miners are eating too much, and traders are starving along with them; an unreasonable mechanism will eventually collapse.
600 million in ETH long positions is under significant pressure, the higher the leverage, the quicker the demise.
This time really opened my eyes, even large investors have to bow down.
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ApeEscapeArtist
· 10h ago
Dude, this loss is a bit tragic, is it the fate of leverage players?
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730 million long positions trapped 41 million, that's why I only hold Spot to sleep peacefully.
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Opening so many positions with 5x leverage, that's really bold.
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Even OG can't withstand this wave of fall, what does that indicate?
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Being able to lose this much shows that the capital is indeed fierce, but if the direction is wrong, it ends up like this.
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Staring at this account every day is purely a mentality killer.
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This guy wouldn't be forced to Close Position, right? This ratio is a bit precarious.
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The ETH order is the most disgusting, 600 million unrealized losses, it's really painful.
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DefiVeteran
· 10h ago
Haha, this guy really took a hard hit this time, 41 million dollars just gone like that.
BTC OG can't hold up against this round of fall either, it seems leverage is really a double-edged sword.
Playing ETH with five times leverage, now he must be regretting it deeply.
That's why I only hodl Spot, and don't mess with those tricky maneuvers.
Those who entered the market early are all like this, one careless move and they're trapped inside.
This brother is helping us pay tuition, thanks a lot.
How can anyone still dare to open five times leverage long orders? I need to learn this kind of courage.
Silly people with too much money, haha.
This wave of market big dump, even Large Investors can't hold up.
Whales are also losing, that reassures me.
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NFTRegretful
· 10h ago
Oh dear, this OG isn't something everyone can play with, over 730 million long orders still have to bet against the market.
The losses are a bit severe... If you ask me, this 5x leverage is the original sin.
This Enter a Position level doesn't look low, and it's indeed easy to get trapped.
But speaking of this scale... I still have to respect it.
Early players have the capital to mess around, and we can only watch.
Unrealized losses of 41 million and still able to sleep? I've had to go bankrupt twice.
BTC OG Whale's $730 million long order has unrealized losses exceeding $41 million, detailed positions of the three major coins.
[Block Rhythm] A well-known early Bitcoin player has recently attracted market attention. This trader, known as “BTC OG insider Whale,” currently has a total value of long orders exceeding $730 million, but the overall holdings situation is not ideal.
According to on-chain monitoring data, the Whale's long positions in ETH, BTC, and SOL currently have a total unrealized loss exceeding 41 million USD. Specifically, its actions in Ethereum are the largest—5x leveraged ETH long order position valued at 605 million USD, opened at a price of 3147.39 USD, currently showing an unrealized loss of 35.25 million USD.
In terms of Bitcoin, this Whale's 5x leveraged long order position is worth 88 million USD, with an opening price around 91506.7 USD, currently facing an unrealized loss of about 3.5 million USD. On the SOL side, the 5x leveraged long order position is valued at 38 million USD, with an opening price of 135.2032 USD, facing an unrealized loss of 3.05 million USD.
From an overall layout perspective, this OG trader is clearly optimistic about mainstream coins, but the current extent of losses also reflects the recent market volatility and the pressure he is under with his holdings.