「BTC OG Insider Whale」 continued to add to their ETH and SOL long positions yesterday, with a total unrealized loss of $78.3 million in their account
BlockBeats News, December 19th, according to Coinbob Popular Address Monitoring, as the market continues to decline, the "BTC OG Insider Whale" (0xb31), after yesterday's additional leverage to offset ETH and SOL long positions, the current prices of both assets have fallen below the average price at which they added leverage yesterday. The current unrealized loss on the long positions continues to expand, with a total unrealized loss of $78.3 million, a total position size of approximately $694 million, and only $15.92 million in margin remaining. Its key long positions are as follows:
5x ETH Long: Position size $573 million, average price $3147, unrealized loss $67.7 million (-58%), liquidation price $2150;
5x BTC Long: Position size $85.18 million, average price $91,500, unrealized loss $6.32 million (-37%);
20x SOL Long: Position size $31.57 million, average price $135, unrealized loss $5.21 million (-292%);
Previously, on the night of December 7th to the early morning of December 8th, this address successively transferred $70 million from a Binance wallet to Hyperliquid, then opened a 5x leveraged ETH long position with an average price of $3048. On the 10th, it transferred an additional $50 million and added to the ETH long position. On the 12th, it transferred another $110 million and has continued to add to its position in recent days.
The "BTC OG Insider Whale" is an OG address that previously held over 50,000 BTC and remained dormant for 8 years, later gradually converting some BTC to ETH. Its actions have been highly synchronized with Trump's statements and U.S. policy trends. Shortly before the "10.11" major drop, it initiated a $500 million BTC short position and made nearly $100 million in profit, attracting market attention. BitForex CEO Garrett Jin stated that this address is associated with some of their clients.
You may also like

Arkstream Capital: When Cryptocurrency Returns to 'Financial Logic' by 2025

Key Market Intelligence as of December 31st, how much did you miss out on?

DeFi 2.0 Explosion Post-Disorderly Restructuring in 2026

Lighter Token Distribution Sparks Controversy, Zama Launches USDT Private Transfers, What is the Overseas Crypto Community Talking About Today?

The Fed’s Monetary Policy Minutes and the Crypto Trading Insights
Key Takeaways The Federal Reserve is set to disclose the minutes from its recent monetary policy meeting, highlighting…

Key Market Information Discrepancy on December 30th - A Must-See! | Alpha Morning Report

Breaker Game Over Line: Why Are Young People Turning to Long-Termism?

HYPE Token Unlocks Ignite Investor Interest
Key Takeaways Significant HYPE Token unlock scheduled today at 3:30 PM Beijing Time, releasing 9.92 million tokens valued…

TAKE Token Experiencing a Dynamic Surge in Market Activity
Key Takeaways TAKE (OVERTAKE) has risen by 36.26% in the past 24 hours, trading at $0.44. Market capitalization…

Trust Wallet Investigates Browser Extension Security Incident
Key Takeaways A recent security incident in Trust Wallet’s browser extension has affected 2,596 wallets, leading to the…

Coinbase CEO Declares Opposition to Reopening the GENIUS Act: A Clash with Bank Lobbying
Key Takeaways: Coinbase CEO Brian Armstrong criticizes banks for lobbying to reopen the GENIUS Act, seeing it as…

Crypto Leaders Critique California’s Proposed 5% Wealth Tax
Key Takeaways The proposed 5% wealth tax in California, aimed at billionaires, has sparked significant backlash among crypto…

Flow Chain Rollback Sparks Outrage, Whale Starts Lighter Rebalancing, Mainstream Ecosystem Update Overview

Hyperliquid Whales Shift Strategies: BTC Longs Decline, ETH Shorts Dominate
Key Takeaways A significant reduction in Bitcoin long positions has been observed on Hyperliquid, with large holders decreasing…

Merry Christmas, Caroline Ellison: An Unexpected Early Release from Custody
Key Takeaways Caroline Ellison, former CEO of Alameda Research, will be released from federal custody earlier than expected…

Merry Christmas, Caroline Ellison: A Surprising Early Release from Custody
Key Takeaways Caroline Ellison, the former Alameda Research CEO, will be released from federal custody earlier than scheduled,…

Uniswap Token Burn Proposal Approved, What Is the Overseas Crypto Community Talking About Today?

HashKey Secures $250M for New Crypto Fund Amid Strong Institutional Interest
Key Takeaways HashKey Capital successfully secured $250 million for the initial close of its fourth crypto fund, showcasing…
Arkstream Capital: When Cryptocurrency Returns to 'Financial Logic' by 2025
Key Market Intelligence as of December 31st, how much did you miss out on?
DeFi 2.0 Explosion Post-Disorderly Restructuring in 2026
Lighter Token Distribution Sparks Controversy, Zama Launches USDT Private Transfers, What is the Overseas Crypto Community Talking About Today?
The Fed’s Monetary Policy Minutes and the Crypto Trading Insights
Key Takeaways The Federal Reserve is set to disclose the minutes from its recent monetary policy meeting, highlighting…