Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
BTC OG whale unrealized gains shrink? Latest developments in $910 million long positions
【BitPush】On-chain monitoring data shows that a well-known veteran BTC whale has a total long position of approximately $910 million. However, the situation is somewhat delicate — this major holder has paid over $7.5 million in funding fees, and the unrealized profit has significantly narrowed from a previous high of $60 million to $44.9 million.
Specifically, his position composition is as follows:
ETH portion: $741 million long position, currently with an unrealized profit of $35.14 million, the largest proportion.
BTC portion: $95.12 million long position, with a relatively small unrealized profit of only $3.61 million, indicating this part is more tightly held.
SOL portion: $72.73 million long position, with an unrealized profit of $6.14 million, performing relatively stably.
From the extent of unrealized profit shrinkage, this whale’s holding pressure is indeed increasing. This also reflects the current market volatility — even leading holders are experiencing uncertainty in the market. It is worth continuing to monitor this major holder’s next moves.