【Blockchain Rhythm】Market Observation on January 22: Amid ongoing corrections in the crypto asset market, a seasoned trader significantly increased their positions in mainstream cryptocurrencies over the past two hours.
On-chain data tracking shows the account’s increased holdings as follows—ETH long position added 15,468 tokens (approximately $45 million), BTC long position increased by 488.8 coins (approximately $42.9 million), SOL long position added 142,986 tokens (approximately $18.15 million). This series of actions suggests that the market bottom may have been identified.
As of now, the total holdings of this account have exceeded $400 million, but the unrealized losses are noteworthy: a total loss of $27.6 million over the past week, with current position losses of $6.82 million (only DASH short position has a floating profit of $790,000 as a slight hedge).
Detailed position breakdown: BTC 20x long with an unrealized loss of $1.27 million; ETH 15x long with an unrealized loss of $5.99 million; SOL 20x long with an unrealized loss of $356,000; total position value of $402 million. Whether this aggressive increase in positions is a bottom layout or a risk of chasing the rally remains a topic of debate in the market.
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CrashHotline
· 13h ago
Wow, this guy is really ruthless. He dares to pour so much money in even after a decline.
Losing so much and still adding positions? I just can't understand this move.
This is the gap between me and big investors. They lose 7 million and still keep investing, while I would need half a day to decide whether to buy 7 dollars worth.
The bottom theory is back again. Every time they say they've seen through the bottom, but the price continues to drop, and there are quite a few cases like that.
With this rhythm, either this guy is a master, or he's just gambling. I don't know.
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ser_ngmi
· 13h ago
Still adding to the 7 million floating loss, this guy's mentality is truly incredible.
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EthMaximalist
· 13h ago
7 million floating loss still dares to go all-in like this, if you're not a gambler, then you must really see something we can't see...
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FantasyGuardian
· 13h ago
This guy is really risking his life. A 7 million floating loss and still adding more. He's either betting on the bottom or has a screw loose.
Large investors aggressively increase holdings of BTC, ETH, and SOL, with a short-term unrealized loss of $7 million
【Blockchain Rhythm】Market Observation on January 22: Amid ongoing corrections in the crypto asset market, a seasoned trader significantly increased their positions in mainstream cryptocurrencies over the past two hours.
On-chain data tracking shows the account’s increased holdings as follows—ETH long position added 15,468 tokens (approximately $45 million), BTC long position increased by 488.8 coins (approximately $42.9 million), SOL long position added 142,986 tokens (approximately $18.15 million). This series of actions suggests that the market bottom may have been identified.
As of now, the total holdings of this account have exceeded $400 million, but the unrealized losses are noteworthy: a total loss of $27.6 million over the past week, with current position losses of $6.82 million (only DASH short position has a floating profit of $790,000 as a slight hedge).
Detailed position breakdown: BTC 20x long with an unrealized loss of $1.27 million; ETH 15x long with an unrealized loss of $5.99 million; SOL 20x long with an unrealized loss of $356,000; total position value of $402 million. Whether this aggressive increase in positions is a bottom layout or a risk of chasing the rally remains a topic of debate in the market.