Rough week on the charts — and this whale is feeling it.
After days of nonstop red, the account’s PnL just hit its worst level since October 2025. Yet instead of cutting risk… they doubled down.
📊 Current Positioning
This is a pure long book — no hedges, no shorts:
• Total Perp Exposure: ~$794.5M
• Shorts: 0
• Bias: Fully long
• Unrealized PnL: ≈ -$69.7M
• ROE: ~-45%
🧱 Position Breakdown
ETH (Main Exposure)
• 5x cross long
• ~$644M position
• 223,000 ETH
• Avg entry: $3,161.85
• Unrealized loss: >$62M
• Liquidation: $2,187
• Margin buffer: $128.8M
• 5x cross long
• $87.8M size
• Entry: $91,506
• Unrealized loss: $3.65M
• Margin: $17.6M
SOL (High Risk)
• 10x cross long
• $62.6M size
• Entry: $130.19
• Price: $122
• Unrealized loss: ~$4M
🧠 The Key Signal
About 12 hours ago, after 45 days of inactivity, this whale quietly added another $20M USDC as margin.
No panic.
No liquidation pressure.
Just patience — and conviction.
📉 At one point today, losses briefly touched -$90M when BTC wicked near $86K and ETH slid under $2,800… yet the structure held.
🔍 Takeaway
The drawdown is massive — but liquidation is nowhere near the map. This isn’t forced selling. It’s a deliberate, high-stakes bet on a rebound.
⏳ The only real question left: how long does the patience last?
Wallet:
`0xb317d2bc2d3d2df5fa441b5bae0
