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Interestingly, as the market rebounded over the past couple of days, an early BTC investor with a position size of nearly $800 million finally turned losses into profits.
As of January 4th, this whale's long position has completely reversed from a floating loss, and the overall account now shows a floating profit of $1.33 million, with a total position size of approximately $7.98 billion. Let's take a closer look:
📊 **Performance of each coin:**
203,340 ETH long positions are not fully in the green yet, currently still floating a loss of $300,000, indicating that this investor's cost basis in Ethereum is relatively high.
Although the 1,000 BTC long positions have turned positive, the floating loss of $350,000 shows that there is still significant pressure on this holding.
The 511,612.85 SOL is quite impressive, as it is directly in profit, becoming the main source of profit for the account.
This market rebound is quite crucial for whales holding large amounts of top-tier coins, especially since SOL's performance has given this player a lot of support. To continue stabilizing the market, this floating profit needs to be realized for the gains to be truly secured.