「BTC OG Insider Whale」 Adds $56 Million to Bitcoin Long Position in the Red, Total Position Size Exceeds $122 Million

BlockBeats News, May 28th, according to Coinbob Popular Address Tracker, the "BTC OG Insider Whale" significantly increased its BTC long position in the early morning today, which is still in an unrealized loss, accumulating an additional 763.93 coins, worth approximately $56.23 million. After this round of accumulation, its holdings have increased to 1268 BTC. The current position is as follows:

5x BTC Long: Position size $94.24 million, average price decreased from $77,394.40 to $76,117.30, unrealized loss of $2.35 million (-12%), liquidation price $51,127;

3x ZEC Long: Position size $30.62 million, average price $130, unrealized gain of $5.35 million (+52%);

This address is an OG address that once held over 50,000 BTC and remained dormant for 8 years, later gradually shifting some BTC to ETH. Its actions have repeatedly been highly synchronized with Trump's statements and U.S. policy trends. Just hours before the "10.11" crash, it shorted $500 million worth of BTC, profiting nearly $100 million, attracting market attention. BitForex CEO Garrett Jin has stated that this address is associated with some of their clients.