BTC OG whale long positions suppressed, unrealized profit drops from 60 million to 9.6 million

ZkSnarker · 2026-01-19T23:44:12+00:00

A major whale's BTC long position is facing difficulties, with unrealized gains now only $9.6 million, a decrease of nearly 85%. Their holdings include ETH, BTC, and SOL, and the overall long positions are continuously being depleted. Market adjustments have a significant impact on them.

ZkSnarker

2026-01-19 23:44:12

Abstract generation in progress

【BiTu】A large trader’s BTC long position has been a bit unsettling recently. According to on-chain data tracking, this “veteran of the crypto circle” holds approximately $874 million in long positions, with current unrealized gains of only about $9.6 million. Sounds decent, but the problem is—his account’s unrealized gains once soared to $600 million, and now they have been cut by nearly 85%. Moreover, he has paid over $7.9 million in funding fees during this process.

Looking at his position distribution:

· ETH long position of $712 million, with an unrealized gain of $6.67 million · BTC long position of $92.62 million, with an unrealized gain of only $1.12 million · SOL long position of $68.39 million, with an unrealized gain of $1.79 million

From the data, the entire long position is being repeatedly eroded. This market correction is clearly not gentle for large traders.

BTC-0.14%

ETH-0.55%

SOL-0.17%

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LeverageAddict

· 3h ago

Oh no, how much money was lost? 85% of the unrealized gains are gone, and the funding fees alone burned through 7.9 million. This round was truly incredible. Even veteran traders can't hold up. Holding such a large position and being repeatedly worn down—it's tough. Just saying, the bulls shouldn't have stubbornly held on this wave. Do you regret it now? A position of over 800 million was worn down like this. It's a bit upsetting. This is the cost of leverage, I guess. Unrealized gains dropped from 60 million to 9.6 million. Just looking at it hurts. ETH, BTC, and SOL are all under pressure, none of them can fight back. The BTC order of 92.62 million only has 1.12 million in unrealized gains left. What a mindset that must be. The bulls have definitely been taught a lesson this time. The market doesn't show mercy. If this keeps going, when will we turn around? It's a bit hopeless. Purely based on the funding fee of 790,000, this position should be closed.

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RunWithRugs

· 3h ago

Oh no, this is the fate of the bulls, worn down by constant unpredictability. 600 million directly dropped to 9.6 million, that must be really frustrating... Just the funding fees have burned through 7.9 million and more. OG whales also have to admit defeat; it seems no one is having an easy time in this market. With such dispersed holdings, it's still hard to withstand the pressure, especially the floating gains on BTC are a bit tragic. How strong must this guy's mental resilience be to watch his account shrink every day? Really, sometimes pressing fewer orders can actually help you survive longer. But on the other hand, looking at it from another angle, this is also part of accumulating chips... Who am I comforting?

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CodeSmellHunter

· 3h ago

Bro, this wave of losses is pretty brutal, going from 60 million down to 9.6 million... This must be the cost of being a bull. Paid 7.9 million in funding fees and still being hammered repeatedly, feels like I missed the bottom. Looking at his position distribution, BTC only has 1.12 million in unrealized gains left, this pace feels a bit fake. Even veteran traders in the crypto circle can't hold up, should have cut losses earlier. This market really can't be grasped, just waiting to cut the leeks. Holding such a large position and still resisting, should OG reflect on their strategy? Invested 7.9 million in funding fees, is this buy and sell worth it? Only he knows. Unrealized gains have plummeted 85%, I feel sorry for him just watching.

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Anon4461

· 3h ago

This big shot probably has a handful of stones pretending to be gold. They should have taken profits early and exited.

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GasFeeTears

· 3h ago

That's why I never go all-in. Look at this unrealized profit—60 million down to 9.6 million. That must hurt so much. I've already paid 7.9 million in funding fees. Is this still called holding? Pure bloodsucking. Honestly, even seasoned crypto veterans can't withstand this kind of erosion. The bullish positions are all bleeding, and SOL's unrealized profit is just pitiful. This guy probably still stubbornly holding on. I need to see how he handles it next. The BTC long position only has an unrealized profit of 1.12 million. How uncomfortable must this account be? I'd rather enjoy some ice cream and watch the show.

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CryptoComedian

· 3h ago

Smiling and then crying, from 60 million down to 9.6 million, is this what OG's gentle world looks like? Floating gains evaporated by 85%, and the funding fee paid was 7.9 million. What is this senior thinking? Holding more and losing more? A typical scene of a bull dream shattering, the data speaks for itself. Large holdings are being worn down by the market little by little. ETH, with over 700 million, only earned 6.67 million. How ridiculous is that? The meme king talks about coins, this uncle must have become overly optimistic and lost his mind. Not to mention, just looking at this 7.9 million funding fee makes me hurt. All three coins are bleeding, is this called bullish faith? No, this is being cut by the bulls. From 60 million to 9.6 million, I wonder if he has now deleted his market app. Today's leek diary update, the "senior" also has to pay tuition.

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