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「BTC OG Insider Whale」's unrealized loss has narrowed from $76.1 million to $26.6 million, with a total position size of approximately $744 million.

2 hours ago

**Crypto Alert: BTC OG Insider Whale Holds Steady After Averaging Down ETH/SOL Longs** Per data from Coinbob Popular Address Monitor (https://t.me/Coinbob_track_CN), the veteran crypto address labeled “BTC OG Insider Whale” (0xb31) has not adjusted its positions since averaging down its ETH and SOL long positions on December 18. Recent market moves have narrowed its unrealized losses on long positions: the figure has fallen from a peak of $76.15 million to $26.6 million. Its current total position size is roughly $744 million, with $56.46 million in posted margin. Key long positions as of December 22: - **5x ETH Long**: $617M position size, average entry price $3,147, unrealized loss $21.85M (-18%), liquidation price $2,150 - **5x BTC Long**: $89.05M position size, average entry price $91,500, unrealized loss $2.47M (-13%) - **20x SOL Long**: $38.32M position size, average entry price $135, unrealized loss $2.45M (-128%) ### Prior Activity Between the night of December 7 and morning of December 8, the address transferred $70 million from a Binance wallet to Hyperliquid, then opened a 5x-leveraged ETH long with an average entry price of $3,048. It added $50 million on December 10 to increase its ETH longs, followed by another $110 million on December 12—totaling $230 million in inflows. ### Background The address is a crypto OG that held over 50,000 BTC for 8 years without activity before swapping some BTC for ETH. Its trades have closely aligned with statements from former President Trump and U.S. policy shifts. Notably, hours before the major October 11 market drop, it opened a $500 million BTC short, netting nearly $100 million in profits and drawing widespread attention. BitForex CEO Garrett Jin noted the address is linked to some of the exchange’s clients.
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