Whale long on BTC and ETH since July 6 shows about $21.1 million in unrealized profit

Whale long on BTC and ETH since July 6 shows about $21.1 million in unrealized profit

N
News Editor
2026-08-21 14:33:46
ChainCatcher reported, citing on-chain analyst Ember, that a whale opened long positions in Bitcoin and Ether on July 6 during a sharp market sell-off triggered after MicroStrategy announced token sales. The combined position was worth about $80 million and has been held ever since. According to the monitoring data, the whale’s BTC long was opened at $62,353, while the ETH long was opened at $1,762. With the market rebounding over the past two days, the unrealized profit on those long positions has climbed to roughly $21.1 million. The report only states the size of the position, the entry prices, and the current floating gain, without disclosing the whale’s identity.

ChainCatcher reported, citing on-chain analyst Ember, that a whale went long BTC and ETH on July 6 as the market fell sharply after MicroStrategy announced token sales. The combined position was worth about $80 million, and the whale has continued to hold it.

The BTC long was opened at $62,353, while the ETH long was opened at $1,762. After a market rebound over the past two days, the related long positions are now showing about $21.1 million in unrealized profit.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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