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This is one of those moments where the screen stops screaming red… and just quietly turns green. Deep green.
The wallet behind 0xb317…83ae is now sitting on floating profits over of $19.6M, spread across three long positions that have been held with almost stubborn patience.
Total exposure has swelled to about $817.8M, fully long, no shorts in sight and yeah, that takes nerves.
$ETH is doing most of the heavy lifting. Roughly 203,340 ETH locked in, valued around $653.6M, making up close to 80% of the entire book. Entry sits near $3,147, current price around $3,214, and that alone is showing a floating gain of roughly $13.65M. Even after bleeding more than $3.87M in funding, it’s still comfortably ahead. Liquidation way down near $2,081, so there’s room to breathe… for now.
$BTC isn’t just tagging along either. A clean 1,000 BTC long, worth about $93.7M, entered around $91,506, now hovering closer to $93,664. That leg adds another $2.15M in unrealized gains, though funding has quietly eaten about $477K along the way. Nothing dramatic just the cost of staying in the game.
Then there’s $SOL , the surprise engine. A 10× long on roughly 511,613 SOL, valued at about $70.47M. Entry near $130, now trading around $137.75, pushing floating profit to roughly $3.87M. Funding here too, about $276K gone, but still… SOL’s pulling its weight.
Add it all up and the unrealized gains now comfortably cover the total funding bill around $4.6M paid so far. That’s usually the psychological line traders wait for. The point where holding stops feeling like punishment.
Does this mean the cycle’s topping? Or just another pause before things stretch further? Hard to say. But for the first time in a while, this whale isn’t just surviving the move… he’s finally getting paid for waiting.
Anyways here is the address:
0xb317d2bc2d3d2df5fa441b5bae0ab9d8b07283ae