BTC OG whale faces unrealized losses again: Bitcoin drops below 91k, leveraged long positions lose over 7 million

HashBandit · 2026-01-20T06:38:10+00:00

On January 20th, Bitcoin experienced a short-term correction, falling below $91,000. BTC OG's large whale's unrealized losses expanded to $7.26 million. Long positions are heavily underwater, with only SOL maintaining an unrealized profit of $760,000. The overall market risk has increased, and attention should be paid to institutional movements.

HashBandit

2026-01-20 06:38:10

Abstract generation in progress

【Blockchain Rhythm】On January 20th, Bitcoin retreated again, briefly falling below the $91,000 mark. The position of the “BTC OG insider whale” is under pressure—currently, the unrealized loss has expanded to $7.26 million.

Breaking it down, the position status is not very optimistic:

Long positions: BTC 5x leverage long position has an unrealized loss of $7.47 million, ETH 5x leverage long position also lost $540,000. Only SOL is holding up—10x leverage long position has an unrealized profit of $760,000, which is a slight comfort.

Cost bleeding: Accumulated funding fees have already burned through $7.94 million. Leveraged positions are like this—high leverage brings high risk, and even a slight market reversal can cause significant losses.

During times of increased market volatility, large holders’ position changes often reveal some clues. This BTC correction shows that even OG-level whales can’t withstand the pressure, indicating significant selling pressure. The future market trend will depend on whether institutions step in to buy.

BTC-1,9%

ETH-3,25%

SOL-3,27%

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GasBankrupter

· 3h ago

The fate of leveraged players—no matter how big the whale, they can't withstand this wave of decline... 7.94 million in funding fees were directly burned away.

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SerumSquirrel

· 3h ago

Haha, even this OG whale can't hold on anymore. Leverage really is a meat grinder.

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MidnightTrader

· 3h ago

Leverage is just a gambler's game. Over 7 million disappeared in an instant, and the funding fees are still burning... Now that's real bloodshed.

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RugResistant

· 3h ago

nah even the og whales bleeding out $7.26m? that's the red flag right there—analyzed thoroughly & yeah, 10x leverage on sol ain't saving anyone when btc decides to tank. funding fees eating another $7.94m tho... common attack vector of this market, fr fr

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CryptoPunster

· 4h ago

OG whales also have to kneel, now even retail investors feel secure --- 7.47 million floating loss still dare to go all-in, this is true faith. I just envy those who are rich enough not to lose --- Funding fee burned 7.94 million, how desperate must one be to spend this much --- SOL's small profit is like the last barbecue before paying off the mortgage at the end of the month, fleeting as a passing cloud --- A correction that even big players can't withstand, what should we small retail investors do? Keep going all-in --- 5x leverage can lose so much, if not for you, you'd have gone bankrupt long ago. How can you still call OG? --- It seems not everyone deserves the big whale label; some whales are just bigger retail investors --- 7.96 million in funding fees isn't money, this brother truly exemplifies what it means to be rich but still fall for scams

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