According to on-chain analyst Yu Jin, following the overnight drop, the "$230 million long whale" is currently experiencing a floating loss of $17.1 million. However, after the overnight drop, the whale added another 24,000 ETH to its long position, bringing its total position to $666 million. Currently, all three long positions are at a loss: 175,000 ETH ($542 million) long, opened at $3,173, now showing a floating loss of $14.6 million; 1,000 BTC ($90.28 million) long, opened at $91,506, now showing a floating loss of $1.22 million; and 250,000 SOL ($33.1 million) long, opened at $137.5, now showing a floating loss of $1.27 million.