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$800 million holdings lose $55 million in one day, whales ETH/SOL/BTC fall back to the beginning of the year
【Crypto World】A well-known whale has recently been having a tough time. This major holder has over $800 million worth of ETH, SOL, and BTC, but in the past 24 hours, they lost more than $55 million, bringing their overall holdings back to early-year levels.
Honestly, this reflects how volatile the current market is. A loss of $55 million in a single day is astronomical for ordinary retail investors, but for this whale, it’s also a significant blow. The gains since the beginning of the year have been almost completely wiped out in just one day.
This kind of situation usually occurs in two scenarios: one is that the whale precisely hit the market’s peak and then faced a sudden drop; the other is that large positions are forced to be liquidated or are under market pressure. Either way, it indicates that the current market indeed carries considerable risk factors. For investors holding the same assets, this is a stark warning — even the biggest wallets cannot withstand the market’s turbulence.