"Despite a $10 million loss, a major investor is opening a position."

In recent days, the cryptocurrency market has faced fluctuations that have surprised investors, while major investors continue to make bold moves. The activity surrounding leading cryptocurrencies, especially Bitcoin and Ethereum, is particularly noteworthy.

According to data from the on-chain analysis platform Lookonchain, a whale investor coded 0xc2a3 has decided to expand long positions on Bitcoin and Ethereum despite a $10 million loss. This investor, who previously made a profit of $5.5 million, currently has a total net loss of $4.69 million.

The whale's willingness to open such daring positions has sparked curiosity among investors. As of now, it is reported that this whale holds open positions worth approximately 1,260 Bitcoin (about $132.5 million) and 19,894 Ethereum (about $74.4 million). These figures represent a position with a total risk of approximately $158 million.

Expert analysts interpret this kind of behavior as "high risk tolerance" and "strong faith in the market." However, insisting on leveraged positions during this period of extreme price volatility also brings serious liquidation risks. The investor community closely monitors this whale's moves, as similar strategies in the past have often signaled significant price shifts.

Moreover, there are always critical levels that investors need to pay attention to in the cryptocurrency market. It is essential for investors to continue analyzing market dynamics, taking into account such large position-opening moves. Given the ever-changing nature of the market, it is important to exercise caution and make informed decisions.