「BTC OG Insider Whale」 BTC Spot Reduced from 88k to 37k, Contract Record 6 Wins 1 Loss

By: theblockbeats.news|2025/12/09 15:46:01

BlockBeats News, December 9, according to Coinbob Popular Address Monitoring, the ETH long position floating profit of the "BTC OG Insider Whale" (0xb31) has decreased to $3.45 million (8%), with an average price of $3068 and a position size of approximately $217 million. The address placed a limit order to buy 2000 ETH at around $3120 per ETH at 11:00 today, equivalent to $62.4 million. The current limit order has been fully filled, and the total long position now holds 7000 ETH.

In addition, the whale's contract performance from the first trade on Hyperliquid is currently 6 wins and 1 loss, as follows:

August 21: Longed ETH with $30 million, closed on August 25, profitable;

October 11: Two addresses opened BTC and ETH short positions with a total of $110 million, closed on the 11th (0x2eA), added to the position on the 13th (0xb31), fully closed on October 15, profitable;

October 20: Shorted BTC with $30 million, closed on November 23, profitable;

November 4: Longed BTC with $20 million, closed on November 8, loss;

November 25: Longed ETH with $10 million, closed on November 28, profitable;

November 29: Shorted ETH with $3 million, closed on the same day, profitable;

December 7 - Present: Longed ETH with $70 million, floating profit.

According to Arkham tracking, the "BTC OG Insider Whale's" BTC holdings have decreased from 88,000 coins to 37,000 coins since August, which, at a BTC price of $100,000, is equivalent to selling off $5.1 billion. The on-chain address still holds multiple assets worth about $5.7 billion, including approximately $3.32 billion in BTC and $1.83 billion in ETH. Some significant on-chain transactions are as follows:

August-October: Continuously swapped BTC for ETH, reducing BTC holdings from 88,000 coins to 50,000 coins and purchasing $5 billion worth of ETH through Hyperunit;

October 16: Transferred 2000 BTC to Coinbase, with BTC at around $111,000 on the same day and approximately $103,000 on the evening of the 17th;

October 21: Transferred 3000 BTC to Binance;

October 22 - November 2: Cumulatively transferred 1900 BTC to Kraken;

December 1: Staked ETH and borrowed over 220 million USDT, then transferred to the Binance platform, with the daily low of ETH reaching $2720.

The "BTC OG Insider Whale" is the dormant BTC OG address that once held over 50,000 BTC. Its operations have repeatedly been highly synchronized with Trump's statements and U.S. policy trends. A few hours before the "10.11" major drop, it positioned a $500 million BTC short, earning nearly $100 million in profits and attracting market attention. BitForex CEO Garrett Jin stated that this address is associated with some of their clients.

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