「BTC OG Insider Whale」 has reduced SOL long leverage, total unrealized loss reached $43.9 million and has not adjusted position yet

BlockBeats News, December 29th, according to Coinbob Popular Address Monitoring, the "BTC OG Insider Whale" (0xb31), after increasing its leverage SOL long position by 20x following the flattening of the SOL long position on the 26th, recently adjusted its leverage to 10x, with no further repositioning. The recent long position floating loss has narrowed, decreasing from a high of $76.15 million to $43.9 million. The current total position size is approximately $754 million with a margin of $39.59 million. Its main long positions are as follows:

5x ETH Long: Position size $6.01 billion, average price $3147, floating loss $38.7 million (-32%), liquidation price $2131;

5x BTC Long: Position size $87.96 million, average price $91,500, floating loss $3.52 million (-20%);

10x SOL Long: Position size $64.67 million, average price $135, floating loss $1.91 million (-29%);

Previously, on the night of December 7th to the morning of the 8th, the address successively transferred $70 million from a Binance wallet to Hyperliquid, then opened a 5x leverage ETH long position with an average price of $3048. On the 10th, $50 million was transferred in and added to the ETH long position, and on the 12th, another $110 million was transferred in, accumulating a total of $230 million transferred in.

The "BTC OG Insider Whale" is an OG address that previously held over 50,000 BTC in cold storage for 8 years, later exchanging some BTC for ETH. Its actions have been highly synchronized with Trump's statements and U.S. policy trends. Hours before the "10.11" crash, it laid out a $500 million BTC short position, profiting nearly $100 million, attracting market attention. BitForex CEO Garrett Jin said the address is associated with some of their clients.