【BlockBeats】A seasoned player in the crypto market with a position size of $754 million has recently taken action. This address, known as "BTC OG Insider Whale" (0xb31), increased its SOL long position on December 26 after averaging down, and has recently adjusted its leveraged positions—reducing a 20x leveraged SOL long to 10x.
This change is quite interesting. After adjusting the position, although the unit leverage decreased, the unrealized loss actually narrowed. Previously, at the peak, the unrealized loss reached $76.15 million, now it has narrowed to $43.9 million, a decline of nearly 42%. The account's current margin size is $39.59 million.
Specifically, the main positions of this player are as follows: the 5x leveraged ETH long is the largest, with a holding of $601 million, an average cost of $3,147, but currently an unrealized loss of $38.7 million (a 32% loss), with a liquidation price of $2,131; 5x leveraged BTC