Total on-chain BTC and ETH largest long positions are losing over $13 million, with no reduction in positions yet.

GateUser-6433627c · 2026-02-28T10:20:45+00:00

Affected by the market pullback, as of February 28, the long whale losses for BTC and ETH have widened, totaling over $13 million. Major holding information shows that one investor's BTC long position is floating at a loss of $3.17 million, while another ETH trader's long position is floating at a loss of approximately $9.6 million.

GateUser-6433627c

2026-02-28 10:20:45

Abstract generation in progress

On February 28, according to Hyperinsight monitoring, due to market downturns, the largest long whale traders for BTC and ETH experienced increased unrealized losses. The combined loss exceeds $13 million, and as of press time, they have not closed or reduced their positions. Their main holdings are as follows: “pension-usdt.eth”: 3x leveraged BTC long position worth $63.6 million, average price $66,800, unrealized loss $3.17 million (15%); “ETH Wave Master”: 15x leveraged ETH long position worth $129 million, average price $1,991, unrealized loss approximately $9.6 million (-110%).

BTC1.84%

ETH2%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.