The weekend market experienced significant fluctuations, and well-known on-chain whales faced unrealized losses. According to on-chain data, a top wallet address's long positions have already lost $17.07 million.

Interestingly, this account is currently placing limit buy orders on ETH. There are buy orders totaling $44.12 million waiting to be filled within the price range of $3030-3100.3.

Let's take a look at this whale's specific holdings:

In ETH, the account holds 166,667.32 coins, with a total value of approximately $510 million. Based on a cost basis of $3,178.89, the current unrealized loss is $12.29 million.

The BTC portion is relatively lighter, with a holding of 1,000 coins (worth $92.45 million), a cost basis of $91,506.7, and an unrealized loss of $1.1 million.

SOL is also on the list, with a position of 250,000 coins valued at $33.52 million. The initial cost was $137.53, and the current unrealized loss is $777,800.

From the portfolio composition, this is a typical large investor’s asset allocation—heavy holdings in BTC, ETH, and SOL. Although the paper gains and losses are substantial at the moment, the placement of large limit orders indicates that the whale has not given up but is waiting for a more favorable entry point. During market fluctuations, such operational strategies also reflect the risk management approach of professional players.