【BlockBeats】 Recently interesting things: A major whale address’s large long positions have experienced a dramatic change. This address holds a portfolio of BTC, ETH, SOL, and XRP worth $310 million. Starting from the high point yesterday evening, the unrealized gains have reversed—currently showing a paper loss of $1.451 million.
The most heartbreaking is SOL. The $43.6 million worth of SOL long position alone is experiencing an unrealized loss of $817,000, nearly halving at that point. Even more interestingly, this address was adding to its SOL position two hours before the market correction, only to see $10 million in paper profits evaporate. Sometimes the market moves so quickly that early positioning doesn’t always hit the mark.
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TxFailed
· 7h ago
ngl this is just expensive tuition paying itself again... dude literally yolo'd another 10M into SOL right before the rug, classic whale moment fr
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SmartContractPhobia
· 8h ago
The position of 310 million USD is gone just like that. This wave of momentum is truly incredible.
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MoonRocketman
· 22h ago
Ha, the Bollinger Bands channel has collapsed, and this wave RSI directly hit the top.
When adding to SOL, I didn't calculate the escape velocity properly, which is a typical case of choosing the wrong launch window.
A $310 million portfolio position has been forcibly turned into a textbook case of gravity correction.
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WealthCoffee
· 01-11 16:46
$300 million is gone just like that, this is crypto—one second a billionaire, the next a beggar.
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The position turned around two hours before adding more, this timing can really make you furious.
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Did SOL get directly cut in half this time? Really? How strong must this whale's mentality be?
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Preemptive positioning sometimes backfires; sometimes waiting really doesn't mean making money.
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The $10 million paper profit just evaporated like that, it hurts to watch.
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Even whales are crashing, what can we do? We can only follow the bottom and pray.
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$310 million, unrealized losses are just losses; yesterday they laughed at others for being naive, today they got slapped in the face.
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Market timing is really a luxury item.
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RektDetective
· 01-10 14:47
Haha, this is the fate of a gambler. Why didn't I close my position during those two hours of adding to my position?
SOL really made people despair this time, watching a profit of 10 million evaporate right before their eyes. Who can handle this feeling?
It seems that even big players are not gods; one wrong step in the rhythm and you suffer big losses.
That's why I keep saying not to heavily concentrate on a single coin, but some people still don't listen.
Quickly reversing a floating profit must be incredibly unexpected... their mentality must be exploding.
Even 310 million can't protect it, and retail investors are still sleepwalking.
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DegenGambler
· 01-10 14:46
Wow, this whale is really playing with fire. Started smashing two hours before adding to the position? I feel sorry for that 10 million paper profit.
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LiquidationWatcher
· 01-10 14:42
Whales also have their moments of failure, but the key is that the two hours of adding positions were truly exceptional, completely a contrarian indicator.
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NewPumpamentals
· 01-10 14:38
A $310 million position can turn around in a flash. This is crypto. In two hours, going from lying flat to adding positions and then to losses— the pace is truly incredible.
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just_vibin_onchain
· 01-10 14:34
300 million USD overnight flip, this is crypto, exciting
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SOL's leek harvesting attribute is really top-notch, dumping the market two hours before adding positions
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Whales also got wrecked, indicating no one can reliably time the market, it's all gambling
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A paper profit of 10 million dollars evaporated instantly, this is true unpredictability, brother
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The most ironic thing is that early deployment turned into a bagholder, the market is so capricious
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Watching unrealized gains turn into unrealized losses, it feels more painful than chasing highs and selling lows
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This wave of SOL was directly halved, losing 810,000 alone, whales also had to eat dirt
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The market reversed two hours before adding positions, missing the timing by such a small margin is pointless
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Over three hours from positive to negative returns, this market really doesn't play by the rules
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A lesson of 1.45 million USD, even with lots of money, you can't beat market sentiment
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ProxyCollector
· 01-10 14:30
This whale really screwed up. The market moved in the opposite direction two hours before adding to the position. Bad luck, huh?
$310 million whale position reverses: from unrealized gains to unrealized losses in just a few hours
【BlockBeats】 Recently interesting things: A major whale address’s large long positions have experienced a dramatic change. This address holds a portfolio of BTC, ETH, SOL, and XRP worth $310 million. Starting from the high point yesterday evening, the unrealized gains have reversed—currently showing a paper loss of $1.451 million.
The most heartbreaking is SOL. The $43.6 million worth of SOL long position alone is experiencing an unrealized loss of $817,000, nearly halving at that point. Even more interestingly, this address was adding to its SOL position two hours before the market correction, only to see $10 million in paper profits evaporate. Sometimes the market moves so quickly that early positioning doesn’t always hit the mark.