"BTC OG Insider Whale" reports a reduction in BTC spot holdings from 88,000 to 37,000, with a futures trading record of 6 wins and 1 loss.

According to Mars Finance, on December 9th, Coinbob's monitoring of popular addresses showed that the unrealized profit of the ETH long position held by "BTC OG Insider Whale" (0xb31) dropped to $3.45 million (8%), with an average price of $3068 and a total holding size of approximately $217 million. This address placed a limit buy order for 2000 ETH at approximately $3120 at 11:00 AM today, equivalent to approximately $62.4 million. This limit order has now been fully executed, and the current long position comprises 7000 ETH. Furthermore, this whale contract trading record on Hyperliquid since its first order is currently 6 wins and 1 loss, as detailed below: August 21: Opened a long position in ETH with $30 million, closed on August 25, profitable; October 11: Opened short positions in BTC and ETH with two addresses totaling $110 million, closed on the 11th (0x2eA), added to the position on the 13th (0xb31), and fully closed on October 15, profitable; October 20: Opened a short position in BTC with $30 million, closed on November 23, profitable; November 4: Opened a long position in BTC with $20 million, closed on November 8, incurring a loss; November 25: Opened a long position in ETH with $10 million, closed on November 28, profitable; November 29: Opened a short position in ETH with $3 million, closed on the same day, profitable; December 7 Daily - Present: Opened a long position in ETH with $70 million, currently showing a profit. According to Arkham's tracking, this "BTC OG insider whale" has reduced his BTC holdings from 88,000 to 37,000 since August. At a BTC price of $100,000, this equates to a reduction of approximately $5.1 billion. His on-chain addresses still hold multiple cryptocurrencies worth approximately $5.7 billion. Of this, approximately $3.32 billion is in BTC and approximately $1.83 billion is in ETH. The following are some of the major on-chain changes: August-October: Continuously swapping BTC for ETH, reducing BTC holdings from 88,000 to 50,000, and purchasing $5 billion worth of ETH through Hyperunit; October 16: Transferring 2,000 BTC to Coinbase, with BTC valued at approximately $111,000 that day and approximately $103,000 on the evening of the 17th; October 21: Transferring 3,000 BTC to Binance; October 22-November 2: Transferring a total of 1,900 BTC to Kraken; December 1: Collateralizing ETH and borrowing over 220 million USDT, subsequently transferring it to the Binance platform, with ETH hitting a low of $2,720 that day. "BTC OG Insider Whale" is a BTC OG address that has been dormant for 8 years and once held over 50,000 BTC. The account's actions were repeatedly highly synchronized with Trump's rhetoric and US policy moves. Just hours before the "October 11th" crash, it placed $500 million in short BTC orders, reaping nearly $100 million in profits, drawing market attention. BitForex CEO Garrett Jin stated that the address was associated with his clients.