Whale Exits ETH Position After 138 Days, Takes $900K Loss

Whale Exits Long ETH Bet After 138-Day Hold

According to on-chain analytics, a high-profile crypto whale has closed a long-standing ETH long position held for 138 days, signaling a significant shift in market sentiment. Despite multiple price swings during the period, the investor ultimately exited at a loss of approximately $900,000, marking a notable defeat in their portfolio strategy.

Leveraged Bets on SOL, PUMP, and XPL Still Active

The whale hasn’t fully retreated, however. They continue to hold 2x leveraged long positions in SOL and PUMP, along with a 3x leveraged long in XPL. These aggressive bets are currently deep in the red, with combined unrealized losses exceeding $5.16 million.

• ETH Holding Duration: 138 days
• Realized Loss: ~$900K
• Active Leveraged Positions: SOL, PUMP (2x), XPL (3x)
• Total Unrealized Drawdown: Over $5.16M

With volatility on the rise, these high-risk positions could face further pressure, potentially triggering additional liquidations in the near term.