2026-01-02 13:12:03

ETH once again surpasses the $3000 mark, with market participants showing varied position performances. A major holder with a stake of $7.75 billion has recently had a better time—unrealized losses have shrunk from previous highs to $22.82 million. This holder mainly allocates in ETH, accounting for 80%, with a current single-coin unrealized loss of $19.8 million.

What’s more heartbreaking is that, to maintain this long position, they have already paid $4.126 million in funding fees. In this rebound, every $0.1 increase means a significant P&L change for them. At the start of the new year, in this $3000 defense battle, major players are also doing their best.

ETH4,44%

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MetaMaskVictim

· 4h ago

Uh... 775 million still has an unrealized loss of 22.82 million. How strong must the mentality be? 4.126 million in funding fees, really just building walls with money. A $0.1 fluctuation can scare people to death. Why are you so persistent? Going all-in on ETH with 80%... If this guy goes against the trend, it must be so uncomfortable. I don't believe he can sleep well right now. It feels like the 3000 level is about to be tested repeatedly again.

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GateUser-beba108d

· 6h ago

7.75 billion still has an unrealized loss of 22.82 million? How strong is this guy's mentality? I would have been liquidated long ago.

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AirdropHunterWang

· 6h ago

Still floating at a loss of 775 million, I really can't hold on anymore. This is the price of a all-in gamble.

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SchroedingerGas

· 6h ago

7.75 billion still has an unrealized loss of over 20 million, how strong must that mentality be... If it were me, I would have already lost sleep.

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MEVictim

· 6h ago

7.75 billion still floating loss? Oh my God, this is true pressure --- 412.6K in fees, still so brutal, even big players can't easily dominate --- Every $0.1 movement is a million-level fluctuation, how exhausting that must be --- 80% margin on ETH, such boldness, gambler's mentality --- Rebounded but still lost so much? How low does the bottom have to be --- With such high funding costs, might as well just admit you're trapped --- This battle at the 3000 level, feels like a desperate defense --- Reducing floating loss to 22.82 million, is that considered a good day? I must be crazy --- With such heavy positions, the risk is outrageously high --- A $0.1 rise or fall is worth tens of millions, truly incredible

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CryptoHistoryClass

· 6h ago

statistically speaking, this is the exact playbook from 2017 when whales thought hodling through funding fees was a "long-term strategy"... *checks notes* yeah, history really does rhyme

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