「BTC OG Insider Whale」 Account's Overall Unrealized Loss Has Reached $50 Million, Holding Size of $680 Million

BlockBeats News, December 16, according to Coinbob Popular Address Monitoring, as the market continues to slide, the floating loss of the "BTC OG Insider Whale" (0xb31) has continued to expand. The current account's floating loss has reached 49.5 million US dollars, with a total position size of approximately 680 million US dollars and only 48.36 million US dollars in margin remaining. Its main long positions are as follows:

5x ETH Long: Position size of 564 million US dollars, average price of 3,167 US dollars, floating loss of 39.81 million US dollars (-36%), liquidation price of 2,078 US dollars;

5x BTC Long: Position size of 85.96 million US dollars, average price of 91,500 US dollars, floating loss of 5.46 million US dollars (-32%);

20x SOL Long: Position size of 31.52 million US dollars, average price of 137 US dollars, floating loss of 2.81 million US dollars (-178%);

Prior to this, on the night of December 7 to the early morning of the 8th, the address successively transferred 70 million US dollars from the Binance wallet to Hyperliquid, then opened a 5x leveraged ETH long with an average price of 3,048 US dollars. On the 10th, it transferred an additional 50 million US dollars and added to the ETH long position. On the 12th, it transferred another 110 million US dollars. There have been no new opening or closing trades today.

The "BTC OG Insider Whale" is an OG address that once held over 50,000 BTC and remained dormant for 8 years, later exchanging some BTC for ETH. Its actions have been highly synchronized with Trump's statements and U.S. policy trends. Just hours before the "10.11" crash, it laid out a 500 million US dollar BTC short position and made nearly 100 million US dollars in profit, attracting market attention. BitForex CEO Garrett Jin stated that this address is associated with some of their clients.