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A Bitcoin OG faces massive unrealized losses on a $700 million cryptocurrency long position.

Staggering Loss: Bitcoin OG Faces $46M Unrealized Loss on Massive $700M Long Position

January 29, 2026 j n

Global, May 2025: The cryptocurrency market is analyzing a significant on-chain event where an early Bitcoin adopter, commonly referred to as a “Bitcoin OG,” is reportedly facing an unrealized loss exceeding $46 million. This substantial paper loss stems from a colossal long position valued at over $700 million across three major digital assets: Bitcoin (BTC), […]