A Bitcoin whale from the early days is currently underwater on a major long position—sitting on over $9M in unrealized losses, and that's before accounting for $5.56M burnt through in funding costs 📉

Meanwhile, the market's sending mixed signals. Bitcoin and Ethereum are both in the red, but Solana keeps grinding higher 🟢 This kind of divergence doesn't happen randomly. When top-tier assets start moving in opposite directions like this, it often hints at shifting capital flows and changing market conviction. Are we seeing selective strength, or just volatility shaking out leveraged bets?