# Ether (ETH) Long Drives Most of Luke Alpha’s $6.196 Million Paper Loss

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/57753
Published: 2026-11-15T09:42:25.000Z
Updated: 2026-11-15T09:42:25.000Z
Section: Investing

> The 13,000 ETH long had a $5.031 million unrealized loss, while the 100 BTC long lost $1.165 million.

An account on Binance tracked as “Luke Alpha” had $6.196 million in unrealized losses on long positions in Ether (ETH) and Bitcoin (BTC).

The account held a 13,000 ETH long entered at $2,218.85, with a reported unrealized loss of $5.031 million. That was about 81% of the combined loss.

The account also held a 100 BTC long entered at $77,329.81, with a reported unrealized loss of $1.165 million.

The figures cover one account.