PANews reported on October 31st that, according to on-chain analyst Yu Jin, the "whale with 14 consecutive wins on large-scale openings" appears to be holding onto his positions until he breaks even. He hasn't reduced his positions since they went underwater yesterday. At the lowest price around 4 AM, his positions had a floating loss exceeding $18 million, but with the morning rebound, the floating loss has now narrowed to $8.4 million. The main loss came from his long positions in SOL, opened three days ago after the SOL ETF news. His BTC and ETH positions were opened yesterday after the price drop, and they are now close to breaking even.PANews reported on October 31st that, according to on-chain analyst Yu Jin, the "whale with 14 consecutive wins on large-scale openings" appears to be holding onto his positions until he breaks even. He hasn't reduced his positions since they went underwater yesterday. At the lowest price around 4 AM, his positions had a floating loss exceeding $18 million, but with the morning rebound, the floating loss has now narrowed to $8.4 million. The main loss came from his long positions in SOL, opened three days ago after the SOL ETF news. His BTC and ETH positions were opened yesterday after the price drop, and they are now close to breaking even.
The position of the "14 consecutive large-scale openings that all won against the whale" is close to breaking even.
PANews reported on October 31st that, according to on-chain analyst Yu Jin, the "whale with 14 consecutive wins on large-scale openings" appears to be holding onto his positions until he breaks even. He hasn't reduced his positions since they went underwater yesterday. At the lowest price around 4 AM, his positions had a floating loss exceeding $18 million, but with the morning rebound, the floating loss has now narrowed to $8.4 million. The main loss came from his long positions in SOL, opened three days ago after the SOL ETF news. His BTC and ETH positions were opened yesterday after the price drop, and they are now close to breaking even.
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