Whale Incurs $1.42M Unrealized Loss Following Short-Term Bitcoin Trade

KuCoinFlash

Release Time: 2026/09/15 14:24:42

Summary

Whale activity in Bitcoin trading suffered a setback as a major holder incurred a $1.42 million unrealized loss from a short-term trade. On September 15, the whale opened a $52.35 million long position in Bitcoin, Ethereum, and Zcash. As the market declined, it closed its Ethereum and Zcash positions and sold 50 BTC, exiting with a $150,000 loss. It still holds 600 BTC, valued at $45.82 million, but a stop-loss strategy failed to prevent the broader loss.

BlockBeats news, on September 15, according to monitoring by ai_9684xtpa, the address 0x970…62a93 opened a long position worth $52.35 million around 2:45 AM today during an upward trend, including 650 BTC, 500 ETH, and 900 ZEC, but the market continued to decline after the position was opened.

This address closed all long positions in ETH and ZEC this afternoon and reduced its BTC holdings by 50 coins, exiting with a loss of approximately $150,000. It currently holds 600 BTC, valued at approximately $45.82 million, with an average entry price of $78,663.80 and a current unrealized loss of about $1.42 million.

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