Affected by the short-term pullback of BTC, the main long positions led by "BTC OG Insider Whale" have once again fallen below the water level.

GateNews
BTC1,95%
SOL0,93%
ETH3,71%

BlockBeats News, January 12 — According to Coinbob’s popular address monitoring, the “BTC OG Insider Whale” account has shifted from profit to loss, currently with an overall floating loss of approximately $2 million. Only its SOL long position remains profitable, with a floating profit of about $5.04 million, an average entry price of $130, and a position size of approximately $71.6 million. The total holdings of this address amount to about $795 million, making it still the largest long position on-chain in ETH and SOL.

Meanwhile, monitoring shows that the largest on-chain BTC long whale, “Strategy Counterparty,” is also in floating loss. This address opened a long position around 4 a.m. today at approximately $90,600 in BTC, then continued to add to the position. The current position size has increased to $310 million, making it the second-largest long whale among mainstream on-chain cryptocurrencies, after “BTC OG Insider Whale.” The second-largest ETH long whale, “CZ Counterparty,” has seen its total floating loss expand to $14.2 million. Its current ETH holdings are about $170 million, with an average price of $3,190.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

F2Pool Co-Founder Says Thai Condo Bought for 2,900 BTC Was Sold for Just 7 Bitcoin

Wang Chun, co-founder of F2Pool, sold a condo in Thailand for 7 BTC, which he originally bought for 2,900 BTC in 2015. This transaction highlights Bitcoin's significant long-term opportunity cost, illustrating the risks early adopters faced when spending Bitcoin instead of holding it.

CryptoNewsFlash7m ago

Strategy preferred shares STRC raised funds yesterday that can be used to buy 2724 BTC

Gate News reports that, on April 1, according to monitoring by BitcoinTreasuries.NET, the preferred stock STRC issued by Strategy yesterday raised funds that can purchase 2,724 bitcoins.

GateNews21m ago

The Texas legislature will include prediction markets and cryptocurrency in its 2027 legislative priorities

Texas Senate vice governor Dan Patrick announced that the forecast market, cryptocurrency, and blockchain research will be priorities for the next legislative session, aiming to advance the Texas conservative agenda. Texas will evaluate cryptocurrency ATMs and strengthen coordination of federal regulatory efforts, while also focusing on the legal compliance of prediction markets. In addition, Patrick proposed studying the impact of artificial intelligence on the workforce. Texas markets and investors will closely watch the development of relevant policies.

GateNews21m ago

A certain CEX had $1.104 billion in 24-hour trading volume, with XRP, BTC, and ETH ranking in the top three.

According to CoinGecko data, on April 1, a certain CEX saw trading volume of $1.104 billion within the past 24 hours. XRP, BTC, ETH, USDT, and ONT each ranked among the top five by trading volume. This trading-volume ranking shows that XRP had the largest trading volume, reaching $113.3 million.

GateNews27m ago
Comment
0/400
No comments