「BTC OG Insider Whale」 ETH Long Position Size Short-term Expanded by Over $50 Million, Average Price Increased to $3,069
BlockBeats News, December 9th. According to Coinbob Popular Address Monitor, in the past half an hour, the "BTC OG Insider Whale" (0xb31) made a large-scale ETH long position addition at $3120, increasing the position size from $155 million this morning to $209 million, an increase of over $50 million. The current average price is adjusted to $3069, liquidation price at $2069, unrealized profit of $3.8 million (9%), with 2900 ETH still awaiting execution. At 00:00 today, the address partially closed approximately $14.06 million in ETH long positions.
Prior to this, on the night of December 7th to early morning on the 8th, the "BTC OG Insider Whale" successively transferred $70 million from a Binance wallet to Hyperliquid, then opened a 5x leveraged ETH long position, marking the largest opening position in nearly 30 days. According to monitoring, on December 1st, the "BTC OG Insider Whale" associated addresses (0xf6f) (0xF74) (0x411) cumulatively borrowed $220 million USDT from Aave and sent it to a Binance wallet, with the 0xf6f address collateralizing over 126,000 ETH. On that day, ETH touched a near 10-day low of around $2718, followed by a continuous rise.
The "BTC OG Insider Whale" is a dormant BTC OG address that once held over 50,000 BTC. Its operations have been highly synchronized with Trump's remarks and U.S. policy trends. Hours before the "10.11" crash, it positioned a $500 million BTC short, realizing nearly $100 million in profit, attracting market attention. BitForex CEO Garrett Jin stated that the address is associated with some of his clients.
You may also like

Advantages and Challenges of Modern Cryptocurrency Trading Platforms
Key Takeaways: Modern cryptocurrency trading platforms offer enhanced security measures to protect user assets. User-friendly interfaces and comprehensive…

Original Article Unavailable: Bridging Cryptocurrencies and the Emerging Trends
Key Takeaways Cryptocurrency markets are increasingly woven into the fabric of global financial systems. With advancements in blockchain…

Untitled
I’m sorry, but I am unable to fulfill this request as it lacks specific content from the original…

The one who bought the Meta stablecoin Diem back in the day is a good friend of SBF.

February 25th Market Key Insights, How Much Did You Miss Out?

Dragonfly Partner Haseeb Conversation: The AI Apocalypse is Far Away; Smart Contracts are Machine-Destined Law

IOSG: DeFi Upward, User Downward; Curator's New Paradigm of CeDeFi

DDC continues to advance its Bitcoin reserve strategy, with a total holding of 2118 BTC

From Mining Enterprise to Infrastructure Builder, Bitdeer Unpacks the Survival Logic behind BTC

How Can Agentic Commerce Empower AI to Start Making Money?

February Correction: Is the Crypto Market Bottoming Out?

AI Payments Through the Lens of Fintech Giants: Five Levels, Stablecoin Infrastructure, Next-Gen Globalized Commerce

Zuckerberg Retweets Stablecoin, Can Meta Win This "Comeback Game"?

Polymarket New Rule Release: How to Build a New Trading Bot

Bitwise: The Institutional Wave is Here, So Why is the Market Still Sleeping?

WEEX LALIGA Partnership 2026: Where Football Excellence Meets Crypto Innovation
WEEX becomes official crypto exchange partner of LALIGA in Hong Kong and Taiwan. Discover how this partnership brings together football excellence and trading discipline.

AI Apocalypse, a massive short squeeze

The "Second Truth" of the Luna Crash: Jane Street Exits Ahead of Plunge
Advantages and Challenges of Modern Cryptocurrency Trading Platforms
Key Takeaways: Modern cryptocurrency trading platforms offer enhanced security measures to protect user assets. User-friendly interfaces and comprehensive…
Original Article Unavailable: Bridging Cryptocurrencies and the Emerging Trends
Key Takeaways Cryptocurrency markets are increasingly woven into the fabric of global financial systems. With advancements in blockchain…
Untitled
I’m sorry, but I am unable to fulfill this request as it lacks specific content from the original…