One of the most epic turns in the unrealized profit-and-loss moves has taken place with a closely monitored insider whale, which has made headlines in the crypto community after sailing through one of the most dramatic swings in the last few months. On-chain data provided by Satoshi Stacker have shown that the whale went between +19 million in unrealized gain to a shattering -77 million loss only to recover to +11 million in unrealized gain within a month. According to the data presented on HyperDash.info, the whale held big leveraged long trades in Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) during the troubled times. Instead of getting out when the market was down, the trader held on and took up positions selectively, as the market declined.
VolatilityConcentrated with Leverage
The whale was trading close to 745 million of notional positions at the apex of exposure, leveraged between 3x and 10x. This exposes the gains and the losses resulting in even minor price fluctuations that can result in multi-million-dollar moves in unrealized PnL. In late 2025, when markets became more volatile, Bitcoin was forced to drop to below 87,000, which caused broad-market unrealized losses in leveraged accounts to cascade. The insider whale had the drawdown without liquidations and saw the pre-liquidation losses grow exponentially before levelling off.
Bitcoin Rebound Rewards Diamond Hands
With the recovery of Bitcoin over 98,000, the whale began to recover the unrealized PnL. The whale had a reported equity at an estimated value of $379 million, and this is with extreme swings, which gave it enough liquidation to withstand forced liquidations. Recent statistics show that there is a 7.3% return on equity, which is a measure of controlled leverage despite the huge position size.
Situation Aggravates Market Conditions
The unstable month was in line with the increased macroeconomic uncertainty which included FOMC policy signals, and the changing rate expectations and geopolitical events. These contributed to price fluctuations of major crypto assets, putting the high leveraged traders under pressure. This insider whale also showed long term belief unlike other retail traders who get out of the market when the market is experiencing a steep downfall. The plan was based on capital power, tolerance to risk, and faith in market recovery instead of price expectations that are short-term.
Diamond Hands Narrative Gains Momentum
The recovery of the whale supports the widely known story of the diamond hands in the crypto circles. Volatile trades are maintainable, especially supported by capital and risk management systems, and can be more effective to follow than reacting trades to emotional market trends. Although the plan of the whale was successful, what the episode shows is the risk of leveraged trading.The emotion-filled rollercoaster of the -77 million in unrealized losses to +11, the insider whale has experienced both the dangers and the joys of high conviction crypto trading. With the markets remaining in a changing state, this case has become one of the strongest reminders that belief, combined with the power of capital, can be the characteristic of success during the most turbulent time of crypto.
