Hyperliquid's Top BTC Long Holder for 3 Months, 'BTC OG Insider Whale,' Only Needs a $300 Price Increase to Break Even on BTC Long Position

BlockBeats News, August 21st, according to TradingBeats (formerly Hyperinsight) monitoring, the 0x92 starting address belonging to the "BTC OG Insider Whale" agent Garrett Jin is about to break even after holding the position for 3 months. His long position was opened on May 20th at an average price of $76,117. Based on the current Bitcoin price of $75,810, the price only needs to rise by about $300 for the position to break even.

However, strictly speaking, since the BTC long position size of this address is $96.3 million, making it the largest BTC long position on Hyperliquid, it has already paid $1.41 million in funding fees for this long position. To fully break even on this long position, it still needs to wait for the price to continue to rise further.