Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

"BTC OG" whale experienced a small loss of $3 million on long positions last night. Previously, they accurately shorted during the sharp decline on October 11, making over $100 million in profit.

robot
Abstract generation in progress

BlockBeats reports that on November 7th, according to on-chain AI analysis tool CoinBob (@CoinbobAIbot), the “BTC OG” whale (0xb31) has a floating loss of $3 million. Yesterday, the floating loss temporarily exceeded $4.3 million. There are no recent open or close positions, and the total nominal value of its holdings is approximately $125 million. As of press time, its positions are as follows:

  • BTC 5x long: floating loss of $1.78 million (about 12.4%), average entry price $104,500, position size approximately $71.4 million
  • ETH 5x long: floating loss of $1.3 million (about 12.1%), average entry price $3,427,000, position size approximately $5.35 million

The two addresses associated with the “BTC OG” whale (0xb31 and 0x2ea) previously held over 100,000 BTC and gradually sold them to convert into ETH this year. Before the flash crash on October 11th, they opened large short positions and made over $170 million in profit, gaining significant fame. Recently, they deposited $40 million to open 3x leveraged long positions in ETH and BTC, and yesterday increased leverage to 5x.

BTC0.94%
ETH3.01%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)