「BTC OG Insider Whale」 Sees Near Full Recovery, SOL Long Position Up $6.89M

BlockBeats News, January 13th, according to Hyperinsight monitoring, as Bitcoin surged above $92,000, the "BTC OG Insider Whale" once again approached breakeven. Currently, the overall position is in a profit of $5 million, including:

· BTC Long (5x): $2.39 million unrealized loss

· ETH Long (5x): $632,000 unrealized profit
· SOL Long (10x): $6.89 million unrealized profit

Due to the overall position size reaching $800 million, since the opening of this position, the account has paid $6.13 million in funding fees. It still needs to wait for further market appreciation to truly turn the position into a profit.

Source

Correction/Report

RelatedRecommended

VanEck: Why did we apply for the SOL ETF?

SOL may reach $3,211 per coin in 2030

Opinion: Why is a SOL ETF so Hard to Come By?

Given SOL's current market cap and circulation, it's probably going to be tough for these institutions to make money.

From Leading to Lagging: Why SOL Struggles to Keep Up with ETH's Momentum

The True Reasons for SOL Lagging Behind ETH: Treasury Strategy, ETF, and Narrative Gap

What's the Background of the 18 SOL Treasury Companies?

18 companies have participated in the Solana ecosystem by establishing a Solana Treasury, staking SOL tokens, launching Solana-based financial strategies, among other means. Some companies have seen a significant increase in their stock price through these strategies.

SOL Truth: 0.33% of Wallets Control 54% of Tokens, Lockup and Staking Mysteries Unresolved

Where Do SOL Whales Hide?

On-Chain Activity