A whale identified as sat0shi777 (0x50b...9f20) opened a 468 BTC long position on the 24th at a price of $62,729, after which Bitcoin fell below $60,000.
According to Odaily, on-chain analyst Yu Jin said the whale later shorted 47,500 ETH yesterday morning at a price of $1,536, and Ether did not continue to decline afterward.
Yu Jin said the whale’s combined position was showing an unrealized loss, with the BTC long down $1.86 million and the ETH short down $1.23 million.
Whale sat0shi777 Holds Losing BTC Long and ETH Short Positions, Analyst Says
2026-06-28 00:33:56
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