「BTC OG Insider Whale」 has deposited $20 million as collateral today, with the current total unrealized loss expanding to $80 million
BlockBeats News, January 26, according to Coinbob Popular Address Monitor, the 「BTC OG Insider Whale」 (0xb31) deposited around $20 million in collateral to Hyperliquid early today, which has not been used yet. Currently, its long position unrealized loss has expanded to $80 million, weekly fund withdrawal reached $120 million, and the current funding fee settlement has incurred a $8.1 million loss, mainly from an ETH long position. The current total position size is around $785 million, now the largest long position on-chain for ETH and SOL. Its main long positions are:
5x ETH Long: Position size $6.34 billion, average price $3161, unrealized loss $71.5 million (-56%), liquidation price $2192;
5x BTC Long: Position size $87 million, average price $91,500, unrealized loss $4.4 million (-25%);
10x SOL Long: Position size $62 million, average price $130, unrealized loss $4.62 million (-74%);
This address previously transferred $70 million from a Binance wallet to Hyperliquid between the evening of December 7 and the early morning of December 8, then opened a 5x leveraged ETH long position, with an average price of $3048, followed by additional $230 million in position funding over the next week, with the last rebalancing operation on December 28 last year reducing the SOL long leverage from 20x to 10x. Today's operation is the first recent operation.
The 「BTC OG Insider Whale」 is an OG address that held over 50,000 BTC in silence for 8 years, later gradually swapping some BTC for ETH. Its operations have repeatedly been highly synchronized with Trump's remarks and U.S. policy trends. Hours before the "10.11" major drop, it laid out a $500 million BTC short position and made nearly $100 million in profit, attracting market attention. BitForex CEO Garrett Jin has stated that this address is associated with BitForex customers.
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