「BTC OG Insider Whale」 Experiences $10 Million Daily Drawdown, BTC Long Position's Unrealized Loss Grows to $11.7 Million

June 3: Per Hyperinsight Monitor data, the "BTC OG Insider Whale" wallet took a massive hit from last night’s price pullback, with its BTC long position incurring over $10.5 million in losses in 24 hours—its unrealized loss has now ballooned to $11.7 million. This address holds the largest BTC long position on Hyperliquid and is today’s single biggest loser. Open positions: - 5x Leveraged BTC Long: $84.7 million position size, average entry price $76,117.30, unrealized loss $11.7 million (-70%), liquidation price $55,965 - 3x Leveraged ZEC Long: $35.9 million position size, average entry price $626, unrealized profit $50,000 (+0.4%) This OG crypto address once held over 50,000 BTC and remained dormant for 8 years. Its trading activity has closely aligned with Trump’s public statements and U.S. policy trends. Notably, it opened a $500 million BTC short position just hours before the "10.11" crash, netting nearly $100 million in profits from that trade. BitForex CEO Garrett Jin previously stated this address is associated with some of their clients. Recently, Garrett Jin wrote that artificial intelligence is absorbing liquidity from the crypto market, and the next bull market will require waiting for the cycle to turn. Wallet Address: 0x92ea19eceb7a8de0f50978a1583a5d8b018050e9 HyperInsight Bot is now online. Add @HyperInsightBot to your Telegram community, grant it admin rights (and enable message-sending permissions) to automatically sync on-chain information.