「BTC OG Insider Whale」 continued to add to their ETH and SOL long positions yesterday, with a total unrealized loss of $78.3 million in their account

By: theblockbeats.news|2026/03/29 23:13:50
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BlockBeats News, December 19th, according to Coinbob Popular Address Monitoring, as the market continues to decline, the "BTC OG Insider Whale" (0xb31), after yesterday's additional leverage to offset ETH and SOL long positions, the current prices of both assets have fallen below the average price at which they added leverage yesterday. The current unrealized loss on the long positions continues to expand, with a total unrealized loss of $78.3 million, a total position size of approximately $694 million, and only $15.92 million in margin remaining. Its key long positions are as follows:

5x ETH Long: Position size $573 million, average price $3147, unrealized loss $67.7 million (-58%), liquidation price $2150;

5x BTC Long: Position size $85.18 million, average price $91,500, unrealized loss $6.32 million (-37%);

20x SOL Long: Position size $31.57 million, average price $135, unrealized loss $5.21 million (-292%);

Previously, on the night of December 7th to the early morning of December 8th, this address successively transferred $70 million from a Binance wallet to Hyperliquid, then opened a 5x leveraged ETH long position with an average price of $3048. On the 10th, it transferred an additional $50 million and added to the ETH long position. On the 12th, it transferred another $110 million and has continued to add to its position in recent days.

The "BTC OG Insider Whale" is an OG address that previously held over 50,000 BTC and remained dormant for 8 years, later gradually converting some BTC to ETH. Its actions have been highly synchronized with Trump's statements and U.S. policy trends. Shortly before the "10.11" major drop, it initiated a $500 million BTC short position and made nearly $100 million in profit, attracting market attention. BitForex CEO Garrett Jin stated that this address is associated with some of their clients.

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