"BTC OG Insider Whale" holds a position size reaching a new historical high of $550 million, simultaneously betting on long positions in BTC and SOL

On December 12, according to Coinbob’s popular address monitoring, over the past 4 hours, the “BTC OG Insider Giant Whale” (0xb31) has repeatedly opened long positions in BTC and SOL and continued adding to the positions. Currently, the BTC long position size is approximately $91.83 million, with an average price of $91,500, and an unrealized profit of $350,000 (1.5%). The SOL long position size is about $13.63 million, with an average price of $135, and an unrealized profit of $60,000 (9%). Additionally, it has placed large ETH buy orders in the $3030 to $3150 range, totaling about $92.7 million. Last night at 23:00, the address added to its ETH long position again at $3190, with the current position reaching $452 million, an average price of $3179, and an unrealized profit of $7.25 million (8%). The total long position now amounts to $560 million, surpassing the $500 million BTC short position established before the market crash on October 11. According to monitoring data, from the evening of December 7 to the morning of December 8, this address gradually transferred $70 million from a CEX wallet to Hyperliquid, then opened a 5x leveraged ETH long position, with a previous average price of $3048. On the 10th, it transferred in $50 million and added to its ETH long position, and today it transferred in another $110 million. The “BTC OG Insider Giant Whale” is an OG address that previously held over 50,000 BTC and remained dormant for 8 years, later gradually swapping some BTC for ETH. Its operations have repeatedly been highly synchronized with Trump’s remarks and U.S. policy developments. A few hours before the October 11 crash, it positioned a $500 million BTC short, earning nearly $100 million in profit, which attracted market attention. BitForex CEO Garrett Jin stated that this address is related to his clients.