BlockBeats News, January 30, according to... Coinbob Hot Address Monitoring It is reported that, affected by the market downturn, the "BTC OG Insider Whale" account's total floating loss has expanded to $103 million, with its position size shrinking to $680 million. The cumulative funding rate settlement has already added an additional $8.8 million in losses. This has erased all the profits previously gained from shorting during the "October 11" price crash. The current position details are as follows:
5x ETH long position: Position size $584 million, average price $3,149, floating loss $87 million (-74%), liquidation price $2,291;
10x SOL long position: Position size $58.95 million, average price $130, floating loss $7.65 million (-130%);
5x BTC long position: Position size $47.2 million, average price $915,000, floating loss $5.19 million (-55%);
In addition, the whale's Ethereum blockchain address (0xcA0) has leveraged long positions in ETH spot on the Aave platform, accumulating a total of 148,000 ETH, valued at up to $433 million. Currently, it has incurred losses of approximately $34.6 million, with an average entry price around $3,050. The continuous leveraged long positions on-chain have pushed its liquidation price to the range of $2,300 to $2,450.
"The BTC OG insider whale" refers to an OG address that once held over 50,000 BTC and remained dormant for 8 years, later gradually transferring part of the BTC to ETH. Its operations have repeatedly aligned closely with Trump's statements and U.S. policy shifts. Hours before the "October 11" crash, it positioned $500 million in BTC short positions, earning nearly $100 million and drawing market attention. BitForex CEO Garrett Jin once stated that this address is associated with some of his company's clients.