Top Whale Moves Overview: "$45M in Losses Unmoved by 'BTC OG Insider Whale,' Swing Whale 'pension-usdt.eth' Goes Short on ETH"

December 17th — Per Coinbob Popular Address Monitor (https://t.me/Coinbob_track_CN), the "BTC OG Insider Whale" is sitting on a large unrealized loss and has not adjusted its position yet. Swing trader whale "pension-usdt.eth" closed its BTC long position yesterday before opening an ETH short. Details below: **"pension-usdt.eth"** Over the past 11 hours, this address fully closed its BTC long position, locking in ~$1.04M in profit. It then opened a 3x leveraged ETH short worth ~$74.1M at an average entry price of $2,929. **"BTC OG Insider Whale"** The account still holds a massive unrealized loss of over $45M with no position changes today. Its ETH long position is down ~$39.5M (-35%) at an average entry of $3,167 (position size ~$564M). It also has unrealized losses on BTC and SOL long positions; total account size now ~$684M, making it Hyperliquid’s top ETH long holder. **"Ultimate Short"** Closed an ~$8.6M BTC short yesterday, taking ~$2.37M in profit, then withdrew ~$5M. Current BTC short size is ~$63.27M with an unrealized gain of ~$17.08M (539%), and its liquidation price has dropped to $97,000. **"Paul Wei"** Adjusted BTC long/short order trigger ranges to ~$84,300–$90,100. Has accumulated ~$3,100 in profit since Nov 16. Current BTC long’s unrealized loss is now just 2% (17% of its $100k total capital); most funds remain in pending orders. **"Calm Order Placer"** Total long positions (BTC, ETH, SOL) = ~$6.8M, with ~$26k in overall unrealized profit. Locked in ~$63k in profit over the past 24 hours; current account funds still under $300k.