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According to LookIntoChain monitoring, the prominent Ethereum whale known as Bitcoin OG has expanded its short position to 3,600 BTC (approximately $4.38 billion), registering an unrealized loss near $3.66 million and a reported liquidation price of $139,900.
On-chain data show that earlier in the day the same address deposited 80 million USDC into Hyperliquid and executed a roughly 6x leveraged short, establishing a position of about 3,477 BTC (around $4.19 billion) with a documented liquidation price close to $140,660.
Concurrent records indicate the account also moved an additional 50 million USDC to Binance, per the on-chain trace, as reported in this crypto news update.
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