Whale Holding Pressure Mounts, BTC Ecosystem Long Positions Hit New Highs



On-chain data shows that an established whale continues to hold onto over $7.5 billion in long positions. Among them, ETH has the heaviest position, with over $600 million locked in long positions, an opening average price around $3,147. Currently, the floating loss situation is not optimistic.

Overall account status indicates that this whale has paid over $2.93 million in funding fees to maintain these long positions—money flowing out of the account day and night just to keep the bullish bets on BTC, ETH, and SOL. Combined with floating losses, the current paper loss exceeds $40 million.

In the current volatile market environment, such large unilateral betting risk exposure is indeed worth attention. The continuous payment of funding fees means longs are under ongoing pressure, and if the market trend reverses or experiences a rapid correction, these massive positions could easily trigger chain liquidations.
BTC0.08%
ETH1.10%
SOL-1.67%
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