BlockBeats News, December 11th. According to Coinbob Popular Address Monitor, last night until 8 a.m. today, the "BTC OG Insider Whale" (0xb31) continued to increase its long position by about 19,000 ETH, equivalent to approximately $120 million. The current total position size is $392 million, with an unrealized gain of $10.1 million (13%); the average price has risen from $3108 yesterday to $3177 today, with a liquidation price of $2234. This ETH long position size is close to the $500 million BTC short position established before the market crash on October 11th.The "BTC OG Insider Whale" transferred $70 million from a Binance wallet to Hyperliquid from the night of December 7th to the morning of the 8th, then opened a 5x leveraged ETH long position with an average price of $3048. Yesterday, it transferred an additional $50 million and currently has $52.5 million in collateral.The "BTC OG Insider Whale" is an OG address that once held over 50,000 BTC and remained dormant for 8 years, later exchanging some BTC for ETH. Its actions have been highly synchronized with Trump's statements and U.S. policy trends. Just hours before the "10.11" crash, it established a $500 million BTC short position, profiting nearly $100 million, attracting market attention. BitForex CEO Garrett Jin stated that the address is associated with their client.

#BTC #ETH