Bullish camp fragmentation: BTC OG whale floating a loss of 2 million, SOL position alone supporting the situation

【CoinPush】On-chain data monitoring shows that a well-known BTC OG account recently shifted from profit to loss, with an overall unrealized loss of approximately $2 million. However, this address is not yet in full collapse—the SOL long positions in the account are still profitable, with an unrealized gain of about $5.04 million, at an average cost of $130, and the position size reaches $71.6 million. Overall, the total holdings of this address amount to approximately $795 million, remaining the largest long position on-chain in ETH and SOL.

Interestingly, the long position landscape of mainstream on-chain tokens is changing. Another well-known BTC long address, Strategy, started acting around 4 a.m. today, building a BTC position at about $90,600, and continued to add to it. Now, this address’s holdings have expanded to $310 million, making it the second-largest long whale on-chain after BTC OG, but it also faces unrealized loss pressure.

Meanwhile, the second-largest ETH long position on-chain is also struggling. The total unrealized loss for this address has expanded to $14.2 million, with current ETH holdings of about $170 million, at an average price of $3,190. It seems this wave of market movement has tested many big players.