「BTC OG Insider Whale」 Hits New $550M Position High, Simultaneously Betting Long on BTC and SOL
BlockBeats News, December 12th. According to Coinbob Popular Address Monitoring, in the past 4 hours, the "BTC OG Insider Whale" (0xb31) has been continuously opening long positions on BTC and SOL and has been consistently increasing positions. Currently, the BTC long position is approximately $91.83 million, with an average price of $91,500, a floating profit of $350,000 (1.5%); the SOL long position is approximately $13.63 million, with an average price of $135, a floating profit of $60,000 (9%).
In addition, it has placed a large ETH buy order in the $3030 to $3150 range, with a scale of approximately $92.7 million. At 11:00 PM last night, the address once again increased its ETH long position at $3190, with the current position size reaching $452 million, an average price of $3179, and a floating profit of $7.25 million (8%). The total long position now exceeds $560 million, surpassing the $500 million BTC short position it established before the market crash on October 11th.
According to monitoring, on the night of December 7th to the early morning of the 8th, the address successively transferred $70 million from Binance wallet to Hyperliquid and then opened a 5x leverage ETH long position, with a previous average price of $3048. On the 10th, it transferred $50 million and increased its ETH long position, and today it transferred an additional $110 million.
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, with a $500 million BTC short position established a few hours before the "10.11" crash, resulting in a profit of nearly $100 million and attracting market attention. BitForex CEO Garrett Jin stated that the address is associated with some of his clients.
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