The "whale that opened a long position with $230 million" has increased its holdings to $666 million, and is currently experiencing a paper loss of $17.1 million.

According to Odaily Planet Daily, based on monitoring by on-chain analyst Yu Jin, following the overnight drop, the "$230 million long whale" is currently experiencing a paper loss of $17.1 million. However, after the overnight drop, the whale added another 24,000 ETH to its long position, bringing its total holdings to $666 million. Currently, all three long positions are showing paper losses.

175,000 ETH (US$542 million) long, opening price US$3,173, unrealized loss US$14.6 million;

1,000 BTC ($90.28 million) long position, opened at $91,506, currently showing a floating loss of $1.22 million;

250,000 SOL tokens ($33.1 million) long, opened at $137.5, with a floating loss of $1.27 million.