BTC Old Whale's $740 million long position unrealized loss expands to $54.5 million, with all three currencies under pressure

2025-12-29 14:54:11

【Block Rhythm】A long-term BTC holder has recently attracted market attention. According to on-chain data monitoring, this whale is currently holding a total long position of $740 million across the three major cryptocurrencies: BTC, ETH, and SOL.

Unrealized losses continue to widen. Currently, the total loss has reached $54.5 million, and funding fee expenses amount to $3.2842 million. However, when the market rose yesterday, unrealized losses narrowed to $25 million, demonstrating the sensitivity of this position.

Regarding the specific position distribution: ETH has the largest position, with a long of $594.75 million, an opening average price of $3,147.39, and a current loss of $45.2 million; BTC holds $87.38 million, with an opening price of $91,506.7, and an unrealized loss of $4.13 million; SOL has a long position of $62.82 million, with an opening price of $130.19, and a current unrealized loss of $3.78 million.

The actions of such a large whale often indicate market direction and are worth close monitoring by traders.

BTC-1,27%

ETH0,53%

SOL-0,33%

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0xOverleveraged

· 01-01 14:45

$54.5 million unrealized loss, this guy's heart must be really strong --- ETH is almost 590 million and he's still holding on, truly a gambler's temperament --- Watching this whale's position fluctuations every day is more exciting than trading my own coins haha --- The funding fee has burned through 3.28 million, should have cut losses earlier... --- With this level, he dares to open a seven-figure position, I wouldn't even dare one-tenth of that --- He rose to a floating loss of 25 million yesterday and wanted to run, but it dropped back again --- A single position's unrealized loss is enough for my annual salary, truly incredible --- All three coins are in the red, showing that this guy's coin selection is just like that --- Funding fee expenditure of 3.28 million, this is the real "money wasting" --- $740 million USD, even losing it is a big deal

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BlockchainNewbie

· 01-01 10:14

Damn, this ETH position is too aggressive, $590 million... How big must this guy's heart be? --- Damn, the funding fee has burned through 3.28 million, this is really playing with fire. --- Floating loss of 54.5 million... If it weren't for the rally yesterday, this guy would probably have gone crazy. --- This position is so sensitive that it can move anything; it feels like a black swan could wipe out the account at any moment. --- Putting all three coins on the line, this isn't just going long, it's gambling with their life. --- ETH is the real killer weapon for this whale; the other two can't hold up at all. --- Yesterday's floating loss shrank from 54.5 million to 25 million; this rebound gave some hope. --- The entry price is already deep in the red; now all that's left is to pray for a rebound... --- Being able to withstand this long without liquidation shows that the fund management is still pretty skilled. --- Over 740 million in open orders; if there's a sudden crash someday, this whale will become another legend.

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MEVHunter_9000

· 2025-12-29 15:22

Haha, this guy is really throwing a tantrum. Holding on stubbornly with a floating loss of 54.5 million—how strong must his mentality be? The ETH position is too heavy in the portfolio; it feels like it will drop further. The funding fee has already burned through 3.28 million. How much can this fee do? But on the other hand, when the floating loss rebounded to 25 million, why didn't he reduce his position? Is he truly a faith-based player or just too trapped? If this whale cuts its losses, the market will shake again.

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StakeWhisperer

· 2025-12-29 15:22

Still holding on after losing 54 million in unrealized losses, this mentality is truly hopeless.

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TokenomicsDetective

· 2025-12-29 15:18

This guy is really gambling. He's lost 54.5 million in unrealized losses and is still holding on stubbornly, almost eating through his funds and fees.

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ChainMaskedRider

· 2025-12-29 15:14

Haha, this guy is really risking his entire life. Still holding a floating loss of $54.5 million... Probably this time it's either a all-in comeback or a permanent monument. ETH is under the most pressure; let's hope it doesn't drop further.

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ThesisInvestor

· 2025-12-29 14:59

$54.5 million floating loss, how tough does this guy have to be to keep holding on This brother is probably betting on a rebound, yesterday the loss narrowed to $25 million, and today it's back... ETH accounts for the largest portion with the biggest loss, entry price at 3147, and now this price is indeed a bit awkward Funding fee alone is 3.28 million, and this holding cost is outrageous, still has to keep paying interest $740 million just floating there, how strong must the mentality be, I truly admire it

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