**["BTC OG Insider Whale" Once Again Bottoms ETH Long Position Last Night, Holding Over $160 Million]** BlockBeats reports that on December 8, according to Coinbob's popular address monitoring, after ETH dipped to $2,900 last night and began to rise steadily, the "BTC OG Insider Whale" (0xb31) seized the opportunity to bottom ETH long positions, continuously increasing holdings to $166 million at an average price of $3,048, with unrealized gains of $940,000. The current liquidation price is $1,795.34. Starting from 11 PM yesterday, the whale transferred $70 million from its Binance wallet to Hyperliquid and subsequently opened a 5x leveraged ETH long position, marking the largest position opening in the past 30 days. Previously, the "BTC OG Insider Whale" conducted swing trading on ETH on November 25 and November 29, first going long and then short, achieving small profits before fully closing positions on November 30. Additionally, monitoring shows that on December 1, addresses associated with the "BTC OG Insider Whale" (0xf6f, 0xF74, 0x411) cumulatively borrowed $220 million USDT from Aave and sent it to Binance wallets. Among them, the 0xf6f address collateralized over 126,000 ETH. On that day, ETH hit a 10-day low of approximately $2,718 before steadily rising. The "BTC OG Insider Whale" is a BTC OG address that had been dormant for 8 years and once held over 50,000 BTC. Its operations have repeatedly aligned closely with statements from Trump and U.S. policy trends. For instance, hours before the major drop on "10.11," the whale positioned $500 million in BTC shorts, profiting nearly $100 million and drawing significant market attention. BitForex CEO Garrett Jin has admitted to being associated with this address.
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