Whale early trading: ETH long position stop-loss at 2.53 million, continue to look bullish on BTC with nearly $6.7 million position

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【Block Rhythm】Big moves in the early session. A whale address (0x50b30) liquidated its ETH long position this morning, with a loss of $2.536 million. At the same time, it is also reducing its BTC exposure.

However, this whale’s bullish attitude towards Bitcoin remains unchanged. It is still holding a 20x leveraged long position of 735.24 BTC, equivalent to a $66.91 million position. The average entry cost is $90,991.7, with an unrealized loss of $26,000, still underwater.

This kind of operation is quite typical — after suffering losses on one asset, adjusting the strategy but not changing the overall direction. Cutting ETH, while BTC continues to hold. Judging from the leverage multiple and position size, this major holder still has quite a lot of confidence in the subsequent market trend.

ETH0.86%
BTC0.23%
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LuckyBearDrawervip
· 7h ago
Losing 2.53 million and still continuing to leverage long positions, this person's courage is really impressive.
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WhaleWatchervip
· 10h ago
2.53 million dollars cut directly, this guy is really ruthless. But look at him still holding tightly onto BTC, he's betting on a rebound in the market later.
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Rekt_Recoveryvip
· 01-09 04:16
ngl that 2.6m underwater move is giving me flashbacks to my leverage ptsd days... but respect the conviction? cutting eth losses while diamond handing btc with 20x is either big brain or copium fuel, tbh can't tell anymore
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retroactive_airdropvip
· 01-09 04:12
This big player is really ruthless, cutting at $2.53 million instantly, but their dedication to BTC is also unmatched...
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LiquidityHuntervip
· 01-09 04:09
A stop loss of 2.53 million dollars... This guy really dares to play, using 20x leverage and still holding on to BTC. Is it faith or a gamble with his life?
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CountdownToBrokevip
· 01-09 04:05
2.53 million just like that gone, I'm shattered... This guy's really bold, still able to hold 20x leverage on BTC
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GasFeeCryervip
· 01-09 03:59
Oh no, it's another big sell-off. This whale's mindset is still steady.
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MainnetDelayedAgainvip
· 01-09 03:55
2.53 million just dare to cut? This guy's really bold. I thought whales were all bloodthirsty warriors... Holding 20x leverage, how much is left before liquidation? According to the database, this time the floating loss has to wait in line to be resolved.
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rug_connoisseurvip
· 01-09 03:47
$2.53 million cut in one shot, still dare to keep holding BTC? This guy is really ruthless, or is he really foolish? I really can't tell.
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