Core Insights - An early Bitcoin whale, referred to as "Bitcoin OG 1011," continues to accumulate cryptocurrencies despite facing significant unrealized losses [1][2] - The total crypto market capitalization is currently at $3.05 trillion [3] Trading Positions - The whale holds a 5 times leveraged ETH position valued at $539 million, with an unrealized loss of $17.6 million [2] - The BTC position, also leveraged 5 times and worth $90 million, has an unrealized loss of $1.3 million [2] - A 20 times leveraged long position on SOL worth $33 million is showing an unrealized loss of $1.3 million [2] Overall Performance - Despite recent losses, the whale has an overall unrealized profit of $81 million from intensive trading since the October market crash, successfully profiting from 75% of trades [3] - The whale has incurred a total unrealized loss of $19 million over the past month [2] Market Conditions - Current trading prices show BTC at $90,216.88 (down 11.5%), ETH at $3,070.79 (down 10.5%), and SOL at $131.80 (down 14.5%) [4] - The Solana Breakpoint event is scheduled for December 11-13 in Abu Dhabi, focusing on the blockchain network's expansion [4]
Early Bitcoin investor is going long on rival assets
Yahoo Finance·2025-12-12 21:47