Onchain Data Platform Onchain Lens recently disclosed a set of concerning market data. This group of early Bitcoin holder accounts (Bitcoin OG 10/11) is currently under significant pressure from the market downturn, with unrealized losses on long positions in BTC, ETH, and SOL exceeding $25 million, and total floating losses reaching as high as $109 million.
In the current market environment, this data reflects the real difficulties faced by early holders. According to the latest prices, BTC is at $70,060, ETH at $2,110, and SOL at $86.93. Price fluctuations of these major cryptocurrencies directly impact the asset status of these accounts.
Position Structure and Loss Distribution
Bitcoin OG accounts’ long positions in these three coins face concentration risk. Of the total floating loss of $109 million, over $25 million has already become realized losses, indicating a significant market downturn. These early holder accounts typically have large individual positions, making their net asset value highly sensitive to price volatility.
Challenges of Holding Positions in a Bear Market
In the current market landscape, early holders face increasingly complex choices. Floating losses exceeding $25 million surpass the entire assets of many medium-sized investors, reflecting the intense volatility of the crypto market. The transparency of onchain data exposes these losses openly, providing important risk references for other market participants.
Whether institutional or individual investors, this case reminds us of the importance of cautious position management in a bear market.
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Bitcoin OG account faces $25 million unrealized loss risk emerging, highlighting potential significant financial exposure.
Onchain Data Platform Onchain Lens recently disclosed a set of concerning market data. This group of early Bitcoin holder accounts (Bitcoin OG 10/11) is currently under significant pressure from the market downturn, with unrealized losses on long positions in BTC, ETH, and SOL exceeding $25 million, and total floating losses reaching as high as $109 million.
In the current market environment, this data reflects the real difficulties faced by early holders. According to the latest prices, BTC is at $70,060, ETH at $2,110, and SOL at $86.93. Price fluctuations of these major cryptocurrencies directly impact the asset status of these accounts.
Position Structure and Loss Distribution
Bitcoin OG accounts’ long positions in these three coins face concentration risk. Of the total floating loss of $109 million, over $25 million has already become realized losses, indicating a significant market downturn. These early holder accounts typically have large individual positions, making their net asset value highly sensitive to price volatility.
Challenges of Holding Positions in a Bear Market
In the current market landscape, early holders face increasingly complex choices. Floating losses exceeding $25 million surpass the entire assets of many medium-sized investors, reflecting the intense volatility of the crypto market. The transparency of onchain data exposes these losses openly, providing important risk references for other market participants.
Whether institutional or individual investors, this case reminds us of the importance of cautious position management in a bear market.