ETH Price Briefly Dips to "BTC OG Insider Whale" Holding Price, Unrealized Gains Retreat Nearly $24 Million

By: theblockbeats.news|2025/12/11 17:15:57

BlockBeats News, December 11th, according to Coinbob Popular Address Monitor, the ETH price briefly dropped to $3,175, then rebounded. The ETH long position of "BTC OG Insider Whale" (0xb31) simultaneously fell below an average entry price of $3,177, with a current position size of approximately $383 million, a liquidation price of $2,235, and a high intraday unrealized gain of $25.3 million at 4:00 AM today.

This address sequentially transferred $70 million from a Binance wallet to Hyperliquid from the night of December 7th to the morning of December 8th, then opened a 5x leveraged ETH long position with a previous average price of $3,048, and yesterday transferred an additional $50 million.

The "BTC OG Insider Whale" is an OG address that previously held over 50,000 BTC dormant for 8 years, later gradually swapping some BTC for ETH. Its operations have been highly synchronized with Trump's statements and U.S. policy trends. Just hours before the "10.11" crash, it positioned a $500 million BTC short, earning nearly $100 million, attracting market attention. BitForex CEO Garrett Jin stated that this address is related to some of his clients.

DDC Enterprise Limited has today announced the additional purchase of 50 bitcoins, increasing its total bitcoin holdings to 2,118 bitcoins. This latest acquisition marks DDC's seventh consecutive week of executing its bitcoin accumulation plan. Based on its current holdings, DDC is ranked 34th in the global publicly traded companies bitcoin holdings list.

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