Whale's Crypto Holdings Reach $723 Million Despite Leveraged Losses
On-chain tracking shows whale activity shifting towards leveraged BTC, ETH, and SOL long positions after a sharp market drop, while maintaining a diverse multi-asset portfolio.
BTC
ETH
USDT
Summary
Whale 0x35d, previously noted for leveraged SOL shorts, now faces $40.21 million in unrealized losses across BTC, ETH, and SOL long positions but maintains a $723 million portfolio. Following a market decline on Dec. 16, Coinbob data revealed new whale trades: 'pension-usdt.eth' opened $85.76M BTC longs and '终极空头' closed $8.6M BTC shorts, securing $2.37M profit. These moves highlight significant liquidity shifts among major traders during volatile market conditions.
Terms & Concepts
- ETH: The native cryptocurrency of the Ethereum blockchain, used for transactions, smart contracts (self-executing blockchain code), and decentralized applications.
- BTC: The native cryptocurrency of the Bitcoin network, functioning as a decentralized digital currency without a central bank or administrator.
- SOL: The native cryptocurrency of the Solana blockchain, used for transactions and staking (locking crypto to earn rewards).