The whales gave back all their profits from their 14-game winning streak and suffered a paper loss of $20 million.

Eight hours ago, they closed out long positions in BTC, ETH, and SOL worth $258 million, incurring a loss of $15.65 million. They currently still hold long positions in ETH, SOL, and HYPE worth $148 million, with a floating loss of $18.86 million, and are only 8% away from liquidation. The liquidation price for ETH is $3,196, and for SOL it is $143.5.