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After the most recent market correction, a large account that has been closely watched saw its unrealized gains surge to $49.33 million overnight. The holding strategy behind this number is worth examining.
Looking at their specific allocations: ETH is the heaviest position, with 203,340.64 ETH, valued at $677 million. The initial entry price was $3,147.39, and now the unrealized gains have accumulated to $37.53 million. The entry point was indeed carefully chosen, and the price increase from that level to now is quite significant.
For BTC, the position is 1,000 coins, with a market value close to $95.48 million. The entry price was set around $91,506.7, and the current unrealized profit is about $3.97 million. Although the unrealized gains per coin aren't as exaggerated as ETH, the size of this position clearly indicates the large holder's long-term confidence in Bitcoin.
The SOL holdings are also substantial, with over 511,000 tokens, valued at approximately $74.43 million. From this allocation, it's evident that the large holder has made detailed arrangements in mainstream coins. Moreover, at points of significant market volatility, these positions have yielded impressive returns.
What does this portfolio composition reflect? First, confidence in the fundamentals of mainstream coins; second, an accurate judgment of the market bottom area. Whether it's a short-term technical rebound or a long-term trend continuation, the actions of such large holders are often worth close attention from market participants.