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「BTC OG Insider Whale」's overall unrealized loss has slightly narrowed to $31 million, with funding fee settlement resulting in a $8.1 million loss

2026.01.22 10:11:03

January 22nd — Per the Coinbob Popular Address Monitor (https://t.me/Coinbob_track_CN), the "BTC OG Insider Whale" (0xb31) saw its unrealized loss on long positions narrow slightly to $31 million, with $95 million in weekly fund withdrawals. Its latest funding rate settlement resulted in an $8.18 million loss, primarily from ETH long positions. The whale’s total position size now stands at approximately $830 million, making it the largest on-chain long position holder for both ETH and SOL. Its major long positions are as follows: - 5x ETH Long: Position size = $673 million; Average entry price = $3,161; Unrealized loss = $3 million (-20%); Liquidation price = $2,252 - 5x BTC Long: Position size = $89.8 million; Average entry price = $91,500; Unrealized loss = $1.47 million (-8.1%) - 10x SOL Long: Position size = $66.5 million; Average entry price = $130; Unrealized gain = $30,000 (0.6%) Previously, from the night of December 7th to the morning of December 8th, the whale transferred $70 million from a Binance wallet to Hyperliquid, then opened 5x leveraged ETH long positions with an average entry price of $3,048. On December 10th, it transferred an additional $50 million and added more ETH long positions; another $110 million was transferred on December 12th, totaling $230 million in transfers. The last position adjustment was on December 28th of last year, when it reduced the leverage of its SOL long position from 20x to 10x — no position changes have been made in the past 26 days. The "BTC OG Insider Whale" is an OG address that once held over 50,000 BTC dormant for 8 years, later gradually converting some BTC to ETH. Its actions have been highly synchronized with Trump’s remarks and U.S. policy trends. Just hours before the major "10.11" market drop, it placed a $500 million BTC short position, netting nearly $100 million in profit and drawing market attention. BitForex CEO Garrett Jin has stated this address is linked to some of the exchange’s clients.
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