Bitcoin OG Whale Faces $3M Unrealized Loss on Leveraged Longs After $170M Profit

A whale operating addresses 0xb31 and 0x2ea faces an unrealized loss of approximately $3 million on leveraged cryptocurrency positions, on-chain AI analytics tool CoinBob data show on November 7. The whale holds a 5x leveraged BTC long position down $1.78 million (12.4%) with an entry price of $104,500 and position size of approximately $71.4 million, and a 5x leveraged ETH long position down $1.3 million (12.1%) with an entry price of $34.27 million and position size of roughly $53.5 million. The same whale previously held over 100,000 BTC before converting holdings to ETH earlier this year and profited over $170 million from short positions opened before the October 11 market crash.