[Whale Account Suffered $3 Million Unrealized Loss on Long Positions Last Night, Made Over $170 Million in Profits from Precise Shorting in October]
The 'BTC OG' whale account (0xb31) experienced an unrealized loss of $3 million on long positions last night, with losses peaking at over $4.3 million during the day. No new opening or closing positions have been observed yet. The total nominal value of the current holdings is approximately $125 million. The current positions are as follows:
- BTC 5x leverage long position: Unrealized loss of $1.78 million (approximately 12.4%), average entry price $104,500, position size approximately $71.4 million
- ETH 5x leverage long position: Unrealized loss of $1.3 million (approximately 12.1%), average entry price $3,427, position size approximately $53.5 million
Previously, this whale held over 100,000 BTC, which was gradually sold off this year and converted into ETH. On October 11, before the flash crash, the whale opened large short positions, earning over $170 million in profits. Recently, the whale deposited $40 million to open 3x leverage ETH and BTC long positions, which were increased to 5x leverage yesterday.
