"BTC OG insider whale" ETH long position size briefly expanded to over $50 million, with the average price raised to $3,069.

On December 9, according to Coinbob’s hot address monitoring, in the past half hour, the “BTC OG Insider Whale” (0xb31) made a large increase in ETH longs at $3,120, expanding the position size from $155 million this morning to $209 million, an increase of over $50 million. The current average entry price has been raised to $3,069, with a liquidation price of $2,069, and an unrealized profit of $3.8 million (9%). There are still 2,900 ETH yet to be filled. At midnight today, this address partially closed approximately $14.06 million in ETH longs. Previously, from the evening of December 7 to the morning of December 8, the “BTC OG Insider Whale” transferred $70 million from a CEX wallet to Hyperliquid and then opened a 5x leveraged ETH long, marking the largest position opening in the past 30 days. According to monitoring, on December 1, addresses related to the “BTC OG Insider Whale” (0xf6f) (0xF74) (0x411) borrowed a total of $220 million USDT from Aave and sent it to CEX wallets, with the 0xf6f address staking over 126,000 ETH in total. On the same day, ETH hit a near 10-day low of about $2,718 before continuing to rise. The “BTC OG Insider Whale” is a BTC OG address that had been dormant for 8 years and once held over 50,000 BTC. Its trades have often highly coincided with Trump’s statements and US policy trends. For example, hours before the “10.11” crash, it set up $500 million BTC shorts, profiting nearly $100 million and drawing market attention. BitForex CEO Garrett Jin stated that this address is associated with his client.