ChainCatcher News: According to Ember disclosure, recent market rebound has allowed a whale who previously opened a position worth $230 million to recover from a $74 million floating loss, with current long position floating gains reaching $26.82 million and rebound gains exceeding $100 million.
Currently, the whale holds total long position value of $825 million, using approximately 3.2x leverage, specifically including: 203,000 ETH (position price $3,147, floating gains $21.1 million), 1,000 BTC (floating gains $1.05 million), and 511,000 SOL (floating gains $4.65 million).
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitcoin pinned under $72K as four network metrics show 'weaker demand'
Bitcoin (BTC) price struggled to break above $72,000, as several key onchain metrics highlighted weakening demand for BTC, casting doubts on its upside potential.
Key takeaways:
Bitcoin investors shift to distribution as whales and smaller cohorts aggressively sell under weak market
Cointelegraph4m ago
Morgan Stanley’s Bitcoin ETF Nears Launch on NYSE
Morgan Stanley’s proposed spot bitcoin exchange-traded fund (ETF), ticker MSBT, has received an NYSE Arca listing notice, a step that often comes just before launch. If it goes live, the fund could intensify fee pressure on Blackrock and Fidelity while opening a powerful new distribution channel for
Coinpedia27m ago
GameStop converts $368 million worth of Bitcoin into an options income strategy
GameStop disclosed that approximately 4,710 bitcoins were transferred to a certain CEX not for sale, but as collateral to participate in a covered call options strategy to earn premium income. This strategy means it no longer directly holds Bitcoin but records it as "accounts receivable" and bears counterparty risk. The financial report shows that the related accounts receivable are valued at about $368.3 million, with an unrealized loss of $59.7 million.
GateNews1h ago
