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Bitcoin OG reverses after one month! $800 million long positions realize $2.68 million in gains
【Crypto World】On-chain data tracking shows that a Bitcoin OG investor has finally turned the tide after a more than one-month holding test. This investor holds a total of $800 million worth of BTC, ETH, and SOL long positions, which were under pressure during the previous correction, but have now finally turned positive. According to on-chain data, their unrealized gains have reached $2.68 million. This reflects the market’s rebound momentum after fluctuations and also indicates that long-term investors who have held on are beginning to see returns. The position changes of such major players are often considered important indicators of market sentiment.
A one-month turnaround of 2.68 million, now that's true faith in holding coins. My mental preparation still isn't enough.
Ah, no, the problem is, will this big holder start reducing their position next? I have a feeling something's going to happen.
Honestly, I've been trapped like this before. Endured it with gritted teeth, and eventually got out—that's the mental journey...
SOL has seen a good increase; I feel this rebound could still continue for a while.
When this data comes out, aren't retail investors going to follow suit again? Are the moves of big players really that valuable?
2.68 million sounds like a lot, but based on this guy's holdings, it's just breaking even at best.
Why do some people always watch the positions of big holders? What about their own strategies?
This reversal only cost 2.68 million, and it doesn't feel as satisfying as I expected.
OG is OG. The strategy of trading time to gain space really works.