🚨 ETH has just dipped to the average long position price of BTC OG whales, with floating profits retreating by nearly 24 million dollars

🚨 ETH has just dipped to the average long position price of the BTC OG whale, with an unrealized profit reduction of nearly 24 million dollars

According to Coinbob's popular address monitoring:

ETH briefly fell to $3175 and then quickly rebounded.

This dip directly hit the ETH long position average price of the BTC OG insider whale (0xb31) at $3177.

🐳 The whale's position details:

Current long position size: 383 million dollars

Leverage: 5x

Liquidation price: $2235

Peak unrealized profit: 25.3 million dollars

Current: unrealized profit has decreased by nearly 24 million dollars

🟦 The whale's significant actions in the past week:

12/7 evening – 12/8 morning: transferred 70 million dollars from Binance to Hyperliquid

Established a 5x ETH long position at an average price of $3048

Transferred another 50 million dollars yesterday for margin

This is one of the most influential positions in the ETH leveraged market.

🟧 The whale's identity background is even more bizarre:

The address once held 50,000+ BTC, which was dormant for 8 years

Gradually exchanged some BTC for ETH

Its operations have repeatedly aligned with Trump's speeches and U.S. policy directions

Established a 500 million dollar BTC short position hours before the big drop on October 11, realizing nearly 100 million dollars in profit

BitForex CEO Garrett Jin stated that he has a 'relationship' with this client

This is one of the most watched and mysterious on-chain participants in the crypto market.