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Senior Bitcoin trader increases position in SOL again, with holdings surpassing $1.6 billion
【Crypto World】Senior Bitcoin Trader BitcoinOG has recently made a big move—adding more SOL holdings, increasing by 207,316 tokens this time, worth $25.7 million. The veteran’s current holdings are substantial: 203,000 ETH valued at $603 million, 1,000 BTC worth $88 million, plus the current 509,000 SOL (worth $63 million), bringing the total holdings to over $1.6 billion.
However, the paper gains are not looking good—unrealized losses exceed $43 million, and just the funding fee expenses have already cost over $2.8 million. Such a large position and cost investment indicate that this trader is quite confident about the market outlook, especially with the increased SOL holdings, seemingly betting on SOL’s future performance.