On-Chain Data Reveals Whale's $141 Million Loss from ETH, SOL Position Exits

An unidentified whale address recently incurred a substantial $141 million realized loss after fully exiting significant Ethereum (ETH) and Solana (SOL) positions, as reported by on-chain analyst 余烬. Over a four-day period, the address sold 96,585 ETH, valued at approximately $214 million, and 334,000 SOL, worth about $31.51 million. The ETH was accumulated in July last year at an average price of $3,363 and sold at an average of $2,222, resulting in a $110 million loss. The SOL position, built in October at an average entry of $186, was exited at an average of $94, leading to a $30.78 million loss. Following these transactions and repayment of borrowings, the address now holds $58.34 million in USDC.