The famous 'BTC OG insider whale' on-chain has moved again. According to Coinbob's popular address monitoring, this large holder (address: 0xb31), known for precise operations, has been continuously increasing positions in the past 4 hours, stirring up market trends again.
Betting on both BTC and SOL
Data shows that this whale is simultaneously going long on BTC and SOL, and continues to increase positions:
BTC Long Position: Scale approximately 91.83 million USD, average price 91.5 thousand USD, floating profit approximately 350,000 USD (+1.5%).
SOL Long Position: Scale approximately 13.63 million USD, average price 135 USD, floating profit approximately 60,000 USD (+9%).
This is just the warm-up. The real heavy positions are in ETH.
Focusing heavily on ETH, the long position has exceeded $450 million.
In the range of $3030–3150, this giant whale placed a large ETH buy order of approximately $92.7 million.
Last night at 11 PM, he added to his position at $3190, with the current ETH long position reaching $452 million, an average cost of $3179, and a paper profit of about $7.25 million (+8%).
This means—
His total long position this time has surpassed $560 million, exceeding the $500 million BTC short position he established before the crash on October 11. He made nearly $100 million from that operation, which the market referred to as 'divine prediction.'
The capital movement is clear, step by step increasing the stake.
According to the on-chain tracking of the capital flow, this giant whale has been very active in the past few days:
On the night of December 7 to the morning of December 8: Transferred about $70 million from the Binance wallet to Hyperliquid, using 5x leverage to open an ETH long position (average price $3048).
On December 10: Transferred another $50 million to continue increasing the position.
Today (December 12): Added another $110 million to the entry.
The overall capital movement is very clear: heavy positions, multiple increases, continuously bullish on ETH.
Who exactly is this 'insider' whale?
This address, referred to in the industry as 'BTC OG insider whale,' initially held over 50,000 BTC and was silent for eight years.
Later, it gradually exchanged some BTC for ETH, and several large operations were timed perfectly.
The most dramatic moment was a few hours before the crash on October 11, when he accurately established a $500 million BTC short position, successfully profiting about $100 million.
More intriguingly, his actions often coincide almost perfectly with statements related to Trump or signals from U.S. policy, which is why the community jokingly refers to him as the 'policy catcher.' Some even suspect he has insider information.
BitForex CEO Garrett Jin has also stated that this address may be related to some of its institutional clients.
Summary in one sentence:
This 'BTC OG' who has been dormant for eight years seems to be waking up again, clearly betting on the bulls. Regardless of who he is, his direction is becoming the market's most noteworthy indicator.
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