According to ChainCatcher, according to Ashes' disclosure, the recent market rebound has enabled a whale, who previously opened positions worth $230 million, to recover from a floating loss of $74 million and return to break-even. Currently, the whale's long positions have a floating profit of $26.82 million, with total rebound gains exceeding $100 million. The whale's total long position value is now $825 million, using approximately 3.2 times leverage, specifically including: 203,000 ETH (entry price $3,147, floating profit $21.1 million), 1,000 BTC (floating profit $1.05 million), and 511,000 SOL (floating profit $4.65 million).
Whale With $230M Long Position Turns $74M Loss Into $26.8M Profit
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Summary
A whale with a $230 million long position in position trading has turned a $74 million loss into a $26.8 million profit following a recent market rebound. The whale's total long position is $82.5 million, using 3.2x leverage, including 203,000 ETH, 1,000 BTC, and 511,000 SOL. Position sizing played a key role in managing risk and capturing gains as prices rebounded.
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