BTC OG Insider Whale Holds $730M Long Across BTC, ETH, and SOL with $41M Unrealized Losses
BTC/USDT
$37,597,872,454.04
$79,186.81 / $72,945.50
Change: $6,241.31 (8.56%)
+0.0015%
Longs pay
COINOTAG News, December 21, citing HyperInsight, shows the BTC OG Insider Whale maintaining a substantial long exposure in crypto derivatives, with notional long positions exceeding $730 million. The paired ETH, BTC, and SOL longs carry an unrealized loss of more than $41 million, underscoring the risk profile of elevated leverage amid current market volatility.
ETH: a 5x leveraged long valued at $605 million with an entry price of $3,147.39 and an unrealized loss of $35.25 million; BTC: 5x long at $88 million, entry $91,506.7, unrealized loss $3.5 million; SOL: 5x long at $38 million, entry $135.2032, unrealized loss $3.05 million.
These data points highlight concentration risk among large holders and the sensitivity of liquidity to macro shocks. Market participants should monitor risk controls and hedging strategies to manage derivatives exposure and preserve optionality in a choppy crypto market environment.