ETH

🔥BTC OG giant whale 0xb31 contract 6 wins 1 loss! Reduced holding of 50,000 BTC to switch to ETH, swept 200 million USD in 48 hours—Is the market about to change with this move?🔥

The dormant BTC OG address 0xb31 has made a comeback after 8 years! From holding 50,000 BTC as a legendary whale to flexibly switching between spot and contracts in recent months, this operation is so fierce it raises suspicions of insider information. On December 9, Coinbob's popular address monitoring showed that ETH long positions had unrealized gains compressed to 3.45 million USD (8%), with an average price of 3068 USD, and a position of 217 million USD. At 11 o'clock, 2000 ETH (62.4 million USD) were bought at a limit price of 3120 USD, with a total of 7000 long positions.

Contract performance is stunning: since August, 6 wins and 1 loss, with total profits exceeding 100 million USD. The timeline is incredibly precise:
August 21: 30 million USD long ETH opened, closed on the 25th for huge profits.
October 11: 110 million USD BTC+ETH short, all closed on the 15th, reportedly making nearly 100 million.
October 20: 30 million USD BTC short, profit realized on the 23rd.
November 4: 20 million USD BTC long, small loss on the 8th, the only defeat.
November 25: 10 million USD ETH long, profit realized on the 28th.
November 29: 3 million USD ETH short, profit realized that day.
From December 7 to now: 70 million USD ETH long, unrealized profits.

On-chain movements are even more aggressive: since August, reduced holdings of 50,000 BTC (from 88,000 to 37,000, estimated at 5.1 billion USD), exchanged for 5 billion USD ETH. In October, a total of 7700 BTC were transferred out of Coinbase, Binance, and Kraken; on December 1, ETH was mortgaged to borrow 220 million USDT to transfer to Binance, seizing the low point at 2720 USD to buy the dip. The address now holds 5.7 billion USD in assets, with BTC 3.32 billion, ETH 1.83 billion.

This whale's layout always synchronizes with U.S. policies or market events: hours before the big drop on October 11, they shorted 500 million BTC, reportedly making 100 million. Switching from BTC to ETH, betting on the L2 explosion after the Fusaka upgrade? The market has two worlds: traders are busy shorting for hedging, while BitMine is crazily hoarding 200 million ETH. Is this OG whale's endurance stabilizing the bottom for BTC/ETH? #加密市场反弹 #美联储FOMC会议 #比特币VS代币化黄金 #美SEC推动加密创新监管 #加密市场观察 $BTC {spot}(BTCUSDT) $ETH {spot}(ETHUSDT) $BNB {spot}(BNBUSDT)