Whale long positions' loss potential significantly narrows, BTC breaking through $90,000 helps ease pressure

2026-01-12 13:08:01

According to on-chain data, as Bitcoin rises above $90,000, the floating loss of the mysterious whale who opened a short position during the 1011 flash crash is gradually improving. According to analyst monitoring, the whale’s overall loss has narrowed from a high level to approximately $24.86 million.

Comparative Analysis of Holdings in the Three Major Coins

Based on the latest on-chain data, the whale’s floating losses are mainly concentrated in Ethereum positions:

Ethereum bears the heaviest pressure - The whale holds 203,340.64 ETH (market value approximately $617 million), with an opening average price of $3,147.39, and the current floating loss reaching $22.65 million. This portion of the holdings is the main source of loss, reflecting a significant gap between the opening price and the current market price.

Bitcoin losses are relatively controllable - The whale’s BTC holdings amount to 1,000 BTC (about $90 million), with an opening price around $91,506.7, and a current floating loss of only $1.64 million. As BTC breaks through the $90,800 mark, this loss space is gradually narrowing.

Solana losses are minimal - The whale holds a total of 511,000 SOL (market value about $66 million), with an opening average price of $130.1911, corresponding to a floating loss of $573,000, which accounts for the smallest proportion of the overall loss.

Market Trend Supports Loss Reduction

From the change in loss data, the pressure on the whale’s long positions is gradually easing. After BTC broke through the $90,000 threshold, the loss magnitude related to Bitcoin holdings significantly contracted. This positive signal has also, to some extent, influenced the overall floating loss scale. The current total loss has narrowed to $24.86 million, indicating that the market’s upward momentum is helping to repair the whale’s loss situation to some degree.

The subsequent market trend remains a key factor influencing further reduction of the whale’s holding losses.

BTC-0,14%

ETH-0,73%

SOL-2,05%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.