「BTC OG Insider Whale」 ETH Sell Order Almost Completely Filled, Current Total Unrealized Loss Reaches $22 Million

**Crypto Flash Update: December 15** Data from Coinbob Popular Address Monitor shows the "BTC OG Insider Whale" (address 0xb31) has nearly fully filled its prior ETH buy orders in the past hour, with just a $3,030 order left unfulfilled for a $480,000 ETH long position. Total positions now stand at $670 million, with an unrealized loss of $22 million. Key long positions include: - 5x ETH Long: $556M size, avg entry $3,169, unrealized loss $16.8M (-15%) - 5x BTC Long: $88.57M size, avg entry $91,500, unrealized loss $2.93M (-16%) - 20x SOL Long: $32.52M size, avg entry $137, unrealized loss $1.88M (-115%) Tracking further reveals: - **Dec 7 night–8 morning**: Transferred $70M from a Binance wallet to Hyperliquid, then opened a 5x leveraged ETH long with avg entry $3,048. - **Dec 10**: Transferred an additional $50M to add to its ETH long. - **Dec 12**: Transferred $110M and placed $92.7M in ETH buy orders across the $3,030–$3,150 range. The whale is a veteran crypto address that held over 50,000 BTC for 8 years before gradually shifting holdings to ETH. Its moves have closely aligned with Trump’s remarks and U.S. policy shifts. Notably, hours before the Oct 11 market crash, it opened a $500M BTC short, netting ~$100M in profits and drawing widespread attention. BitForex CEO Garrett Jin noted the address is linked to some of the exchange’s clients.