This "BTC OG Whale" is still holding strong, with a long position of over 700 million and unrealized losses of 55 million.

TokenSherpa · 2025-12-23T16:10:16+00:00

[Block Rhythm] On December 23, on-chain monitoring data shows that a well-known early Bitcoin player Whale account is still holding a losing position, currently maintaining long positions worth $716 million, spanning across BTC, ETH, and SOL three mainstream tokens, but the overall unrealized losses have expanded to $55 million.Specifically, this Whale has the heaviest bet on ETH, with long positions reaching $592 million, opening at a price of $3,147.39, and currently accumulating unrealized losses of $46.36 million. In terms of Bitcoin, the $87 million long position was opened at $91,506.7, currently with unrealized losses of $4.45 million. Additionally, there is a $37 million SOL position, opened at $135.2, with losses of $3.73 million.From the data, it is clear that this Whale is under the most pressure on Ethereum, yet still chooses not to cut losses, but instead holds on.

TokenSherpa

2025-12-23 16:10:16

On December 23, on-chain monitoring data from [Block Rhythm] shows that a well-known early Bitcoin whale account is still holding a losing position, currently maintaining a total of $716 million in long positions across BTC, ETH, and SOL, but the overall unrealized losses have expanded to $55 million.

Specifically, this Whale has the heaviest bet on ETH, holding a long position of $592 million, building the position at a price of $3,147.39, and currently accumulating unrealized losses of $46.36 million. In terms of Bitcoin, a long position of $87 million was opened at $91,506.7, currently with unrealized losses of $4.45 million. Additionally, there is a $37 million SOL position, opened at a price of $135.2, with a loss of $3.73 million.

From the data, this Whale is clearly under the most pressure on Ethereum, yet has not chosen to cut losses, instead maintaining its original Holdings, perhaps waiting for a rebound opportunity or sticking to its viewpoint. This behavior of holding long positions in a bear market also reminds market participants once again: the mindset of on-chain big players is often unrelated to short-term fluctuations.

BTC0,83%

ETH0,38%

SOL0,6%

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GasWaster

· 2025-12-26 14:31

Damn, this guy is really tough. He lost 55 million in unrealized losses but still managed to hold on. I need to learn from his mindset.

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HashRatePhilosopher

· 2025-12-24 18:22

Oh my god, this guy is really throwing a tantrum. Holding on to a floating loss of over 50 million and refusing to sell. With such huge pressure on ETH positions, how dare he play like this? OG is OG, definitely tough-minded, but this time it's a bit too much, right? If it were me, I would have cut losses and run long ago. I don't know if this guy is truly committed or just frozen by the losses. It looks so painful to watch, so much money just holding on like that... A real man doesn't cut losses, right? That's interesting.

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GasFeeVictim

· 2025-12-23 16:39

This guy's mentality is really something else, holding on with an unrealized losses of 55 million dollars and still not budging. I'm truly impressed.

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ForkTongue

· 2025-12-23 16:38

55 million unrealized losses still being held on, this guy is truly a warrior.

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TradFiRefugee

· 2025-12-23 16:38

The pro's mental fortitude is truly amazing, with an unrealized loss of 55 million and still no action taken; if it were me, I would have panic sold long ago.

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AlwaysAnon