ETH Long Position of BTC OG Insider Whale Reaches 7,000 ETH After 2,000 ETH Limit Buy at ~$3,120; On-Chain Holdings Expands to ~$5.7B in BTC/ETH
BTC/USDT
$24,116,836,223.07
$80,635.51 / $78,202.00
Change: $2,433.51 (3.11%)
-0.0013%
Shorts pay
COINOTAG News, citing Coinbob’s address monitoring, reports that the ETH long position tied to the BTC OG Insider Whale (0xb31) now shows about $3.45 million in floating profit, roughly 8%, with an average entry near $3,068 and a notional around $217 million. The whale executed a limit order to buy 2,000 ETH at roughly $3,120, which has been filled, lifting aggregate exposure to 7,000 ETH.
Across Hyperliquid, the contract record stands at 6 wins and 1 loss. Highlights include a profitable ETH long of $30 million opened Aug 21 and closed Aug 25; Oct shorts totaling $110 million later closed; a Nov 4 BTC long that ended in a loss; and a Dec 7–present ETH long of $70 million with ongoing profit.
According to Arkham, BTC holdings declined from 88,000 to 37,000 coins since August, implying a notional shift near $5.1 billion at $100,000 BTC. The on-chain address still holds about $5.7 billion in assets, including $3.32 billion in BTC and $1.83 billion in ETH, with notable transfers to Coinbase, Binance, and Kraken and a December staking move.