Whale continues to "bet" with an additional 210,000 SOL, bringing the total long position to over $740 million, but incurring losses of up to $59 million

The market has just experienced a notable turning point: a large whale decided to add a buy order of 210,000 SOL (equivalent to approximately $25.2 million) in the early morning hours today. This move comes after a week of silence since this investor initially opened a long position worth $230 million.

## Current position size: $740 million, unrealized loss of $59 million

Following this reinforcement, the whale's total holdings have reached $740 million, but the cost is an unrealized loss of $58.96 million. The position breakdown details include:

- **Ethereum (ETH)**: 203,000 ETH valued at $590 million. The whale opened the position at $3,147/ETH, with an unrealized loss of $49.39 million (compared to the current price of $3.22K)
- **Bitcoin (BTC)**: 1,000 BTC worth $87.17 million, opened at $91,506/BTC with an unrealized loss of $4.33 million (current price $93.01K)
- **Solana (SOL)**: 511,000 SOL valued at $61.36 million, including the recently added batch. The position was established at $130.1/SOL with an unrealized loss of $5.24 million (price at report time $133.71)

## Signal from the reinforcement move?

The decision to add another 210,000 SOL after a week of "patience" indicates that this investor remains committed to a long strategy, despite the position currently suffering more than $59 million in losses. This move could be seen as a buying opportunity from the perspective of those confident in a market recovery.