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8h 23m ago

Bitcoin (BTC) Whales Suffer Over $92M Unrealized Loss This Week, Led by the “BTC OG Insider Whale”

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The weekly monitor from COINOTAG and Coinbob shows the BTC OG Insider Whale posting total unrealized losses above $92 million, with collateral thinning to roughly $27 million. The note highlights a tilt toward ETH long exposure, which remains a leading position on Hyperliquid.

In related activity, the Ultimate Bear closed a BTC short this morning, locking in about $1.75 million of profit from an initial $5.97 million position. Remaining BTC shorts total near $50.38 million, with an unrealized gain of $14.56 million (roughly 593%) and a liquidation price around $10,080.

Address pension-usdt.eth exited an ETH short, realizing roughly $2.09 million in losses. Previously, a 3x leveraged ETH short stood at about $75 million in notional value, underscoring elevated leverage risk in current positions.

Meanwhile, Paul Wei closed three sell orders, leaving a BTC long with an unrealized loss near 6% of a $100,000 stake. Pending orders hover in a $8,430–$9,010 band, with total realized gains since Nov 16 around $3,100.

Lastly, Calm Order Opener initiated a BTC long ahead of a brief rally but faced a sizable liquidation, leaving roughly $64,000 in funds and a remaining BTC short near $3 million.

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    Bitcoin (BTC) Whales Suffer Over $92M Unrealized Loss This Week, Led by the “BTC OG Insider Whale” - Breaking News