「BTC OG Insider Whale」 Paper Loss Narrows from $76.1 Million to $26.6 Million, with Total Position Size of Approximately $744 Million

BlockBeats News, December 22, according to Coinbob Popular Address Monitor data, the "BTC OG Insider Whale" (0xb31) has not made any reallocation after adding to its ETH and SOL long positions and flattening on the 18th. Recently, the unrealized losses on its long positions have narrowed, decreasing from a high of $76.15 million to $26.6 million. The current total position size is approximately $744 million with a margin of $56.46 million. Its main long positions are as follows:

5x ETH Long: Position size $617 million, average price $3147, unrealized loss $21.85 million (-18%), liquidation price $2150;

5x BTC Long: Position size $89.05 million, average price $91,500, unrealized loss $2.47 million (-13%);

20x SOL Long: Position size $38.32 million, average price $135, unrealized loss $2.45 million (-128%);

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

The "BTC OG Insider Whale" is an OG address that previously held over 50,000 BTC dormant for 8 years, and later exchanged some BTC for ETH. Its actions have been highly synchronized with Trump's remarks and U.S. policy trends. Before the "10.11" crash, the address positioned a $500 million BTC short just hours before, earning nearly $100 million in profit, attracting market attention. BitForex CEO Garrett Jin stated that the address is associated with some of its clients.