"Black Swan" whale losses hit record lows: After BTC broke 90,000, unrealized losses shrank to less than 25 million

DeFiGrayling · 2026-01-19T14:29:20+00:00

As the price of Bitcoin breaks through $90,000, the loss situation of a mysterious whale has significantly improved, with unrealized losses dropping to $24.86 million. The whale holds 203,340.64 ETH with an unrealized loss of $22.65 million; 1,000 BTC with an unrealized loss of $1.64 million; and 511,000 Solana with a loss of $5.73 million. Market sentiment has shifted from pessimistic to recovery.

DeFiGrayling

2026-01-19 14:29:20

Abstract generation in progress

According to on-chain data tracking agency reports, as Bitcoin’s price breaks through the $90,000 mark, the mysterious whale that heavily shorted after the flash crash on October 11, 2024, has shown a significant improvement in its unrealized loss situation. As of the most recent data update, the total unrealized loss of this account’s holdings has narrowed to $24.86 million.

Overview of the Top Three Asset Holdings

Data shows that this whale investor’s long and short positions are distributed across the three main ecosystems: Ethereum, Bitcoin, and Solana:

Ethereum Holdings Are the Largest
The account holds 203,340.64 ETH, worth approximately $617 million at current prices. This position was opened when Ethereum was priced at $3,147.39, and there is still an unrealized loss of $22.65 million to be recovered.

Bitcoin Position Is Relatively Light
The holding amounts to 1,000 BTC, currently valued at about $92.87 million. The opening average price was $91,506.7. As BTC surpasses the current price level, this unrealized loss has decreased to $1.64 million, the smallest among the assets.

Solana Ecosystem Has the Lightest Loss
The 511,000 SOL holdings have an unrealized loss of only $5.73 million at the current price, performing the best among the assets. The opening price for this position was $130.1911.

Market Interpretation

This data reflects the process of the crypto market moving from extreme pessimism toward recovery. As Bitcoin stabilizes above $90,000, the losses on trapped positions are gradually shrinking, and the overall loss of this whale account has approached a historical low.

BTC-1,01%

ETH-1,45%

SOL-0,34%

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