ChainThink report, December 21, according to HyperInsight monitoring, the "BTC OG Insider Whales" currently hold long positions with a total value exceeding $730 million. Their combined open long positions in ETH, BTC, and SOL are currently facing losses surpassing $41 million. Current positions are as follows:
ETH 5x leveraged long position valued at $605 million, entry price $3,147.39, unrealized loss of $35.25 million;
BTC 5x leveraged long position valued at $88 million, entry price $91,506.7, unrealized loss of $3.5 million;
SOL 5x leveraged long position valued at $38 million, entry price $135.2032, unrealized loss of $3.05 million.
Disclaimer: Contains third-party opinions, does not constitute financial advice
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A major whale address has leveraged 20x long positions on BTC and ETH within the past hour
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A major whale briefly opens a long position worth $12 million in BTC, marking the 28th "fear-of-missing-out" trade this week
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