「BTC OG Insider Whale」 Agent: Bitcoin, ETH Set to Surge, First Target Levels at $106,000 and $4,500

BlockBeats News, December 19, "BTC OG Insider Whale" agent Garrett Jin posted, stating that Bitcoin and ETH will see a surge, with the first target: Bitcoin at $106,000, Ethereum at $4,500.

Garrett Jin said, "The bearish argument is becoming increasingly untenable. The impact of the yen rate hike on the market is minimal, as the market has long since digested this impact."

BlockBeats previously reported that the "BTC OG Insider Whale" is a long-dormant BTC OG address that once held over 50,000 BTC. Its operations have been highly synchronized with Trump's statements and U.S. policy trends. Just hours before the "10.11" plunge, it initiated a $500 million BTC short position, earning nearly $100 million in profit, attracting market attention. BitForex CEO Garrett Jin revealed that this address is associated with its client.

In addition, following yesterday's ETH and SOL long position increases, the "BTC OG Insider Whale" has seen both prices fall below their average entry prices from yesterday. The current long positions continue to suffer increasing losses, with a total floating loss of $78.3 million, a total position size of approximately $694 million, and only $15.92 million in remaining margin. Its main long positions are as follows:

5x ETH Long: Position size $573 million, average price $3,147, floating loss $66.77 million (-58%), liquidation price $2,150;

5x BTC Long: Position size $85.18 million, average price $91,500, floating loss $6.32 million (-37%);

20x SOL Long: Position size $31.57 million, average price $135, floating loss $5.21 million (-292%).