BTC Whale Holds 1,260 BTC Amid $10M+ Unrealized Losses, Net Loss Now $4.69M (Oct 17)

On October 17, COINOTAG News cited LookIntoChain monitoring showing a crypto whale carrying over $10 million in unrealized losses across its ETH and BTC long positions. The address’s prior $5.5 million profit has been fully wiped out, leaving a reported net loss of $4.69 million. On-chain data indicates the holder continues to increase its BTC long position, currently holding 1,260 BTC (approximately $132.5 million) and 19,894 ETH (approximately $74.44 million). This snapshot quantifies position concentration and realized versus unrealized performance without projecting future market moves.