【Block Rhythm】Recently noticed an interesting phenomenon on-chain. A whale holding a position of over $700 million in scale has shown changes in operational direction — their originally bullish long positions are beginning to face pressure.
Specifically, this whale’s position structure shows clear differentiation. On ETH, the unrealized loss on 203,340 long positions has expanded to $6.14 million, with considerable pressure. BTC isn’t doing much better either, with 1,000 BTC long positions showing an unrealized loss of $1.36 million. However, it’s not all bad news — their 511,612.85 SOL long positions still maintain an unrealized gain of $2.23 million, providing some relief.
Overall, this position was showing a cumulative unrealized loss of approximately $5.27 million as of January 8, with a total scale around $796 million. Perhaps from this process of shifting from gains to losses, we can discern certain clues about market sentiment.
大口投資者のポジション逆転：7.96億ドルのロングポジションが利益から損失に転じる、BTCとETHが圧力を受ける
【Block Rhythm】Recently noticed an interesting phenomenon on-chain. A whale holding a position of over $700 million in scale has shown changes in operational direction — their originally bullish long positions are beginning to face pressure.
Specifically, this whale’s position structure shows clear differentiation. On ETH, the unrealized loss on 203,340 long positions has expanded to $6.14 million, with considerable pressure. BTC isn’t doing much better either, with 1,000 BTC long positions showing an unrealized loss of $1.36 million. However, it’s not all bad news — their 511,612.85 SOL long positions still maintain an unrealized gain of $2.23 million, providing some relief.
Overall, this position was showing a cumulative unrealized loss of approximately $5.27 million as of January 8, with a total scale around $796 million. Perhaps from this process of shifting from gains to losses, we can discern certain clues about market sentiment.