「BTC OG Insider Whale」 Takes Profit on ETH Long Position, Locking in 9% Gain, with Peak Profit reduced by nearly $3 million

**December 9 — Per Coinbob Popular Address Monitoring (via the Telegram channel Coinbob Popular Address Monitoring), the "BTC OG Insider Whale" (address 0xb31) partially closed its ETH long positions over the past 9 hours as ETH posted a minor dip. The whale cut its position by $14.06 million, locking in ~$304,000 in profits. Its current position size stands at ~$155 million, with unrealized gains shrinking from $6 million at yesterday’s high to $3.3 million. The average entry price is $3,048, and the liquidation price is $1,678.** **Earlier, between December 7 night and December 8 early morning, the whale transferred $70 million from a Binance wallet to Hyperliquid and opened a 5x-leveraged ETH long position — its biggest such position in nearly 30 days.** **On December 1, three associated addresses of the whale (0xf6f, 0xF74, 0x411) collectively borrowed $220 million in USDT from Aave and sent the funds to a Binance wallet. The 0xf6f address collateralized over 126,000 ETH that day, when ETH hit a 10-day low of ~$2,718 before rallying steadily.** **The "BTC OG Insider Whale" is a dormant address linked to early Bitcoin participants (OGs) that once held more than 50,000 BTC. Its trades have closely aligned with Trump’s statements and U.S. policy trends: just hours before the October 11 crash, it opened a $500 million BTC short position, raking in nearly $1 billion in profits — grabbing widespread market attention. BitForex CEO Garrett Jin noted the address is tied to some of the exchange’s clients.**