【Block Rhythm】 Recently, a fascinating phenomenon on the chain has been observed. A major holder with a position exceeding $700 million has shown signs of change—initially bullish long positions are beginning to come under pressure.
Specifically, this whale’s position structure is quite differentiated. In ETH, the long position of 203,340 tokens has an unrealized loss of $6.14 million, indicating significant pressure. Things aren’t much better for BTC either, with a long position of 1,000 tokens showing an unrealized loss of $1.36 million. But it’s not all bad news—his 511,612.85 SOL long position still maintains an unrealized profit of $2.23 million, providing some relief.
Overall, this position was showing an unrealized loss of about $5.27 million as of January 8, with a total scale of around $796 million. From profit to loss, some clues about market sentiment might be inferred.
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GasGasGasBro
· 01-11 11:41
Large investors are starting to hold on no more. Is this a bottom signal? Or is the market going to continue crashing?
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NftDeepBreather
· 01-09 14:18
Big Fish is bleeding again, this rhythm feels a bit off
SOL is still holding, but others can't withstand it... Is this a signal for a pullback?
Over 700 million in orders are floating in loss, how can retail investors survive?
BTC and ETH double kill, it seems this market isn't as simple as it looks
From profit to loss, the market is speaking
This whale can't hold on either? Then we're in deeper trouble
SOL is leading the pack, others are really lagging
Over 5 million in floating loss, what does it mean... Should I run or buy the dip?
The signs of a weakening market are very clear, be careful
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MeaninglessApe
· 01-08 12:14
This whale can't hold on anymore; SOL's small unrealized gains can't save the situation at all.
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CodeSmellHunter
· 01-08 12:13
Whales turn from profit to loss... Looks like this wave of market isn't that simple
SOL is still holding, but BTC and ETH have both fallen, what does the floating loss of over 50 million mean? Has the market sentiment changed?
This is the real on-chain story, explaining everything better than anything else
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SerumDegen
· 01-08 12:08
yo, so this whale just got their face rekt on the same bets that printed money last week... classic market structure breakdown right there. eth down 6.14m, btc bleeding out, only sol keeping them from full capitulation lmfao.
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AirdropDreamBreaker
· 01-08 12:00
Big players' recent moves are truly a bloody lesson, with ETH and BTC both breaking their defenses...
SOL is still struggling to hold the line, and it feels like a microcosm of the market.
A floating loss of 5.27 million, not much to say either way, but I just can't understand this wave of行情.
Should this guy consider stop-loss? If it continues like this, his mentality will collapse.
Actually, from this order alone, you can see that mainstream coins haven't had many opportunities lately.
Whales can't even hold up, and retail investors need to be even more careful.
Are we about to start the bottom-fishing game again? I don't think it's quite there yet.
Wait, is SOL still making money? That's unbelievable.
This has truly been a nightmare for long positions, when will it end...
Whale Position Reversal: $796 million long positions turn from profit to loss, BTC and ETH under pressure
【Block Rhythm】 Recently, a fascinating phenomenon on the chain has been observed. A major holder with a position exceeding $700 million has shown signs of change—initially bullish long positions are beginning to come under pressure.
Specifically, this whale’s position structure is quite differentiated. In ETH, the long position of 203,340 tokens has an unrealized loss of $6.14 million, indicating significant pressure. Things aren’t much better for BTC either, with a long position of 1,000 tokens showing an unrealized loss of $1.36 million. But it’s not all bad news—his 511,612.85 SOL long position still maintains an unrealized profit of $2.23 million, providing some relief.
Overall, this position was showing an unrealized loss of about $5.27 million as of January 8, with a total scale of around $796 million. From profit to loss, some clues about market sentiment might be inferred.