「BTC OG Insider Whale」 ETH Long Position Unrealized Gain of $16 Million, Position Size $267 Million

BlockBeats News, December 10th, according to Coinbob Popular Address Monitor, the 「BTC OG Insider Whale」 (0xb31) has accumulated a holding size of 267 million US dollars, with an unrealized profit of 15.97 million US dollars (30%), and the average price has risen from 3068 US dollars yesterday to 3108 US dollars. Last night, this whale deposited around 50 million US dollars to Hyperliquid and slightly increased its ETH long position by about 985 coins, equivalent to 3.25 million US dollars, with this fund almost unused at the moment.

The 「BTC OG Insider Whale」 transferred 70 million US dollars from a Binance wallet to Hyperliquid from the night of December 7th to the early morning of the 8th, and then opened a 5x leveraged ETH long position, the largest position taken in nearly 30 days, with a previous average price of 3048 US dollars and a holding size of around 160 million US dollars.

The 「BTC OG Insider Whale」 is an OG address that once held over 50,000 BTC and remained dormant for 8 years, later gradually exchanging some BTC for ETH. Its actions have been highly synchronized with Trump's remarks and U.S. policy trends. Before the 「10.11」 crash, a few hours before, it strategically placed a 500 million US dollar BTC short position, gaining nearly 100 million US dollars in profit, attracting market attention. BitForex CEO Garrett Jin stated that this address is associated with some of its clients.