The "BTC OG Insider Whale" continues to add to its long ETH positions, with a floating loss of $20.3 million on that single coin.
AI Summary1 min read
TL;DR
A major Bitcoin investor known as the 'BTC OG Insider Whale' has increased its leveraged long positions in Ethereum, Bitcoin, and Solana, currently facing significant floating losses across all three holdings.
Tags
BitcoinEthereumLayer 1Halving TokensSmart ContractsBTC OG Insider Whaleleveraged tradingcryptocurrency lossesmarket analysis
On December 15, according to Hyperinsight monitoring, the "BTC OG Insider Whale" continued to add to its ETH long position with 5x leverage within the last 10 minutes, and its current holdings have increased to 180,935 ETH (approximately $553 million). The average entry price was $3,169.42, and the floating loss per coin is $20.3 million.
In addition, he also long on 1,000 BTC with 5x leverage, resulting in a floating loss of $3.55 million; and long on 250,000 SOL with 20x leverage, resulting in a floating loss of $2.07 million.