「BTC OG Insider Whale」 ETH Long Position Size Short-term Expanded by Over $50 Million, Average Price Increased to $3,069
BlockBeats News, December 9th. According to Coinbob Popular Address Monitor, in the past half an hour, the "BTC OG Insider Whale" (0xb31) made a large-scale ETH long position addition at $3120, increasing the position size from $155 million this morning to $209 million, an increase of over $50 million. The current average price is adjusted to $3069, liquidation price at $2069, unrealized profit of $3.8 million (9%), with 2900 ETH still awaiting execution. At 00:00 today, the address partially closed approximately $14.06 million in ETH long positions.
Prior to this, on the night of December 7th to early morning on the 8th, the "BTC OG Insider Whale" successively transferred $70 million from a Binance wallet to Hyperliquid, then opened a 5x leveraged ETH long position, marking the largest opening position in nearly 30 days. According to monitoring, on December 1st, the "BTC OG Insider Whale" associated addresses (0xf6f) (0xF74) (0x411) cumulatively borrowed $220 million USDT from Aave and sent it to a Binance wallet, with the 0xf6f address collateralizing over 126,000 ETH. On that day, ETH touched a near 10-day low of around $2718, followed by a continuous rise.
The "BTC OG Insider Whale" is a dormant BTC OG address that once held over 50,000 BTC. Its operations have been highly synchronized with Trump's remarks and U.S. policy trends. Hours before the "10.11" crash, it positioned a $500 million BTC short, realizing nearly $100 million in profit, attracting market attention. BitForex CEO Garrett Jin stated that the address is associated with some of his clients.
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