【BlockBeat】Recently something interesting happened: A major whale address’s large long position experienced a dramatic shift. This address held a combined position worth $310 million in BTC, ETH, SOL, and XRP. As a result, calculated from yesterday evening’s peak, the floating profits have reversed course — the account now shows a paper loss of $1.451 million.
The most painful part is SOL. The $46.43 million SOL long position alone has a floating loss of $817,000, already approaching a 50% drawdown. What’s even more interesting is that this address was adding to its SOL position just two hours before the market correction, and ended up watching $10 million in paper profits evaporate. Sometimes the market moves at such a rapid pace that early positioning doesn’t necessarily mean you’ll nail the timing.
3.1億ドルの巨大クジラのポジション逆転：含み益から含み損までわずか数時間
【BlockBeat】Recently something interesting happened: A major whale address’s large long position experienced a dramatic shift. This address held a combined position worth $310 million in BTC, ETH, SOL, and XRP. As a result, calculated from yesterday evening’s peak, the floating profits have reversed course — the account now shows a paper loss of $1.451 million.
The most painful part is SOL. The $46.43 million SOL long position alone has a floating loss of $817,000, already approaching a 50% drawdown. What’s even more interesting is that this address was adding to its SOL position just two hours before the market correction, and ended up watching $10 million in paper profits evaporate. Sometimes the market moves at such a rapid pace that early positioning doesn’t necessarily mean you’ll nail the timing.