A $230 million long position held by a whale incurred a paper loss of $73.18 million as the market declined.

According to Odaily Planet Daily, on-chain analyst Yu Jin reported that a whale holding a total of $700 million in long positions has not added to its holdings in the past two days. As the market declines, its long positions are currently showing a floating loss of $73.18 million.

The whale held long positions in 191,000 ETH ($540 million), opened at $3,167, with a floating loss of $64.28 million and a liquidation price of $2,083; it also held long positions in 1,000 BTC ($86.15 million), opened at $91,506, with a floating loss of $5.35 million; and held long positions in 250,000 SOL ($30.83 million), opened at $137.5, with a floating loss of $3.55 million.