Whale’s high-entry Bitcoin long shows about $1.42 million in unrealized loss

Whale’s high-entry Bitcoin long shows about $1.42 million in unrealized loss

N
News Editor
2026-09-15 14:10:48
On Sept. 15, on-chain tracker ai_9684xtpa said wallet address 0x970…62a93 opened long positions worth $52.35 million at around 2:45 a.m. the same day as the market was moving higher. The position included 650 BTC, 500 ETH and 900 ZEC. After the trade was opened, the market kept falling. By the afternoon, the address had already closed its ETH and ZEC longs and cut 50 BTC from the Bitcoin position, exiting that portion with an estimated loss of about $150,000. The wallet still holds 600 BTC. According to the monitoring update, the remaining Bitcoin position is worth about $45.82 million. Its entry price was $78,663.8, leaving the address with an unrealized loss of roughly $1.42 million at the time of the report.

BlockBeats reported on Sept. 15 that, according to monitoring by ai_9684xtpa, wallet address 0x970…62a93 opened long positions worth $52.35 million at around 2:45 a.m. that day during an upward market move. The position included 650 BTC, 500 ETH and 900 ZEC.

After the position was opened, the market continued to decline. By the afternoon, the address had closed its ETH and ZEC longs and reduced its Bitcoin position by 50 BTC, exiting that part with an estimated loss of about $150,000.

The wallet still holds 600 BTC, valued at about $45.82 million. The entry price for the position was $78,663.8, and the unrealized loss stood at roughly $1.42 million at the time of the update.

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