BTC OG whale floating profit exceeds $45 million, heavily leveraged long position

【Blockchain Rhythm】The cryptocurrency market has shown strong upward momentum at the start of the new year. According to on-chain data tracking, an active seasoned BTC trader currently has an unrealized profit exceeding $45 million. The key point is that this whale has no signs of reducing their position for now, and their bullish stance is clear.

Specifically, this trader’s position composition is quite aggressive: their 5x leveraged long position in BTC has already realized an unrealized profit of $34.44 million, and their 5x leveraged ETH position has an unrealized profit of $3.64 million. Interestingly, the SOL position, with 10x leverage, has directly gained an unrealized profit of $7.24 million.

However, there is no free lunch—high leverage also incurs funding costs that eat into profits—the accumulated funding fee has already consumed $6.4 million. But judging from this whale’s operations, they clearly believe there is still room for the market to continue upward and have no plans to close positions for profit-taking. This firm bullish attitude also indirectly reflects market participants’ confidence in the future market trend.