Bitcoin OG faces $54M loss on $600M+ crypto long positions

An early Bitcoin holder, identified by an address beginning with 1011short·oxb317d, is facing an unrealized loss of approximately $54 million on long positions in BTC, ETH, and SOL, according to Onchain Lens. The investor had previously opened positions totaling over $600 million. The address's positions and average entry prices are as follows: a long position of 190,935 ETH ($563 million) at an average entry price of $3,167; a long position of 1,000 BTC ($85.93 million) at an average entry price of $91,506; and a long position of 250,000 SOL ($31.53 million) at an average entry price of $137.53.