According to ChainCatcher, monitoring data from Hyperinsight reveals that the “1011 Insider Whale” address is currently facing over $12 million in unrealized losses across multiple leveraged positions.
Whale Buying & Selling Explained:
- A 5× leveraged ETH long involving 175,595 ETH, opened at $3,173.34, is nearing a liquidation price of $1,943.28, resulting in an unrealized loss of approximately $9.77 million.
- A 5× leveraged BTC long of 1,000 BTC, opened at $91,506.7, shows an unrealized loss of about $1.31 million.
- Additionally, a 20× leveraged SOL long of 25,000 SOL, opened at $137.53, has contributed roughly $1.05 million in unrealized losses.
The data underscores increasing downside pressure on leveraged positions as crypto markets remain volatile.
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