Blockchain Address Increases Bitcoin and Ethereum Holdings Despite Losses

According to PANews, a blockchain address identified as 0xc2a3 has increased its long positions in Bitcoin (BTC) and Ethereum (ETH). The current holdings amount to approximately 1,260 BTC, valued at around $132.5 million, and 19,894 ETH, worth about $744.4 million. Previously, the address had realized profits of approximately $5.5 million, which have now been reversed, resulting in a net loss of about $4.69 million. The unrealized losses exceed $10 million. Despite these setbacks, the address continues to increase its BTC long positions.