「BTC OG」 Takes Advantage of Russia-Ukraine Conflict News to Execute a Double Strategy: Main Address Shorts Over $200 Million, While Associated Address Simultaneously Goes Long, Profiting Approximately $6 Million

On October 22nd, according to the on-chain AI analysis tool CoinBob (@CoinbobAI_bot), at 22:00 yesterday, possibly due to the "Europe and Ukraine plan to end the Russia-Ukraine conflict" news, BTC experienced a short-term price increase of 5.7%, while ETH simultaneously rose by 6.3%. At this time, an address related to the monitored "BTC Whale" (0xc2a) started to systematically close its $179 million BTC long position and $120 million ETH long position starting from 1:00 AM today. By 4:00 AM, it had completely closed its positions and realized a profit of more than $6 million. Furthermore, according to monitoring, the main address of the "BTC Whale" (0xb31) maintained a 10x leveraged BTC short position. At 1:00 AM today, it increased the position size from $124 million to $235 million. Subsequently, as the BTC price continued to decline, the news of "Trump's latest peace efforts frustrated, Russia bombards Ukraine" emerged around noon. By 14:00, this short position had recorded a floating return of over 30%. In yesterday's afternoon update, the associated address of the "BTC Whale" held a long position worth about $289 million, approximately twice the value of the main address's short position.