BTC OG Whale Increases Short 20x to $492M — Now Holds 4,348.74 BTC with $8.94M Unrealized Profit

COINOTAG News on October 14 reported that, according to on-chain analyst Ai Auntie (@ai_9684xtpa), the BTC OG Whale has increased a concentrated short position by roughly 20x, bringing the exposure to approximately $492 million. The address reportedly holds 4,348.74 BTC with an entry price of $115,308.4, a liquidation price of $124,416.2 and an unrealized profit near $8.94 million, per the on-chain snapshot cited.

This sizable move constitutes notable on-chain activity in the derivatives market and could be relevant to market microstructure participants monitoring open interest, funding flows and liquidity. Market observers should verify on-chain identifiers and follow official exchange data to corroborate the reported position before drawing trading conclusions.