「BTC OG Insider Whale」 Deeply Bagged with Unrealized Loss of Over $1.03 Billion, Has Fully Reversed Profits from 10.11 Crash

BlockBeats News, January 30, according to Coinbob Popular Address Monitor data, affected by the market downturn, the total floating loss of the "BTC OG Insider Whale" account has expanded to $103 million, and the position size has shrunk to $680 million. The current funding fee settlement has accumulated an additional $8.8 million loss, reversing all the profits the address previously made by shorting during the "10.11" crash. The current position information is as follows:

5x ETH Long: Position size $5.84 billion, average price $3149, floating loss $87 million (-74%), liquidation price $2291;

10x SOL Long: Position size $58.95 million, average price $130, floating loss $7.65 million (-130%);

5x BTC Long: Position size $47.20 million, average price $91,500, floating loss $5.19 million (-55%);

In addition, the whale's on-chain address (0xcA0) carried out a leverage long position on ETH spot on the AAVE platform, accumulating a total of 148,000 ETH on the platform, with a total value of up to $433 million. The current loss is approximately $34.6 million, with an average price around $3050, and on-chain leveraged longing has led to a liquidation price in the range of $2300 to $2450.

The "BTC OG Insider Whale" is an OG address that once held over 50,000 BTC in silence for 8 years, later gradually switching some BTC to ETH. Its operations have been highly synchronized with Trump's remarks and U.S. policy trends. A few hours before the "10.11" crash, it set up a $500 million BTC short position, making nearly $100 million in profit, attracting market attention. BitForex CEO Garrett Jin has stated that the address is associated with some of its clients.