The 1011short whale, holding approximately $617 million in long positions, is currently facing an unrealized loss of over $12.5 million.

Foresight News reported, according to monitoring by Lookonchain, due to the market downturn, an early bitcoin player (1011short) holding a massive $617 million long position is currently experiencing an unrealized loss of over $12.5 million. Their current holdings include: 160,403 ETH (worth approximately $499 million), 1,000 BTC (worth approximately $90.35 million), and 250,000 SOL (worth approximately $33.65 million).