「BTC OG Whale」 Bottom-Fished BTC, SOL, ETH, Profits Exceed $91 Million

BlockBeats News, October 11th, according to HyperInsight monitoring, the [BTC OG Whale] sub-address liquidated BTC, SOL, and ETH short positions for profit 5 hours ago, and at the same time, in the past 3 hours, established a new short position at $184, gradually covered, and now holds about 84 BTC and 64,000 SOL, with a total position of about $21.78 million, realizing a profit of $9 million today.

According to monitoring, influenced by last night's extreme market conditions, the [BTC OG Whale] main address 0xb31 gradually took profit by closing BTC short positions 6 hours ago, making a profit of over $91 million, still holding a short position of 821 BTC, with a total position of about $92.15 million.

Source

Correction/Report

RelatedRecommended

VanEck: Why did we apply for the SOL ETF?

SOL may reach $3,211 per coin in 2030

Opinion: Why is a SOL ETF so Hard to Come By?

Given SOL's current market cap and circulation, it's probably going to be tough for these institutions to make money.

From Leading to Lagging: Why SOL Struggles to Keep Up with ETH's Momentum

The True Reasons for SOL Lagging Behind ETH: Treasury Strategy, ETF, and Narrative Gap

What's the Background of the 18 SOL Treasury Companies?

18 companies have participated in the Solana ecosystem by establishing a Solana Treasury, staking SOL tokens, launching Solana-based financial strategies, among other means. Some companies have seen a significant increase in their stock price through these strategies.

SOL Truth: 0.33% of Wallets Control 54% of Tokens, Lockup and Staking Mysteries Unresolved

Where Do SOL Whales Hide?

On-Chain Activity