Some well-known great whale has started receiving shipments again.$BTC $ETH
After a round of operations, the position has been ramped back up to $145 million, and it’s still 100% long positions. Don’t just stare at the small coins he’s holding for entertainment—what’s truly worth studying is the position structure:
BTC: 290 coins, about $24.52 million;
ETH: 37.1k coins, about $99.43 million;
HYPE: 177k coins, about $15.54 million;
PUMP: about 1.025 billion coins, about $5.65 million.
The four long positions total $145 million; currently, the unrealized loss is about $1.027 million. The margin usage rate is already 83.76%.
Even more interesting is that today he didn’t just add blindly all the way: from early morning to afternoon he first reduced BTC, ETH, and HYPE, netting a loss of about $171k, and then gradually took the positions back again—adding 53 BTC alone.
The logic is very clear—BTC and ETH anchor the main positions, while the smaller coins are for upside flexibility. The direction can be wrong and positions can be adjusted, but the main line never changes. A large position doesn’t necessarily mean he’s right—it just means he’s still willing to keep betting on this direction.#BTC
After a round of operations, the position has been ramped back up to $145 million, and it’s still 100% long positions. Don’t just stare at the small coins he’s holding for entertainment—what’s truly worth studying is the position structure:
BTC: 290 coins, about $24.52 million;
ETH: 37.1k coins, about $99.43 million;
HYPE: 177k coins, about $15.54 million;
PUMP: about 1.025 billion coins, about $5.65 million.
The four long positions total $145 million; currently, the unrealized loss is about $1.027 million. The margin usage rate is already 83.76%.
Even more interesting is that today he didn’t just add blindly all the way: from early morning to afternoon he first reduced BTC, ETH, and HYPE, netting a loss of about $171k, and then gradually took the positions back again—adding 53 BTC alone.
The logic is very clear—BTC and ETH anchor the main positions, while the smaller coins are for upside flexibility. The direction can be wrong and positions can be adjusted, but the main line never changes. A large position doesn’t necessarily mean he’s right—it just means he’s still willing to keep betting on this direction.#BTC