coin-img-ETHETH+3.25%coin-img-BTCBTC+2.03%coin-img-UCNUCN+0.24%coin-img-SOLSOL+1.84%coin-img-XRPXRP+0.99%coin-img-USDCUSDC-0.01%coin-img-DOGEDOGE+2.20%coin-img-ADAADA+3.22%coin-img-ETHETH+3.25%coin-img-BTCBTC+2.03%coin-img-UCNUCN+0.24%coin-img-SOLSOL+1.84%coin-img-XRPXRP+0.99%coin-img-USDCUSDC-0.01%coin-img-DOGEDOGE+2.20%coin-img-ADAADA+3.22%coin-img-ETHETH+3.25%coin-img-BTCBTC+2.03%coin-img-UCNUCN+0.24%coin-img-SOLSOL+1.84%coin-img-XRPXRP+0.99%coin-img-USDCUSDC-0.01%coin-img-DOGEDOGE+2.20%coin-img-ADAADA+3.22%coin-img-ETHETH+3.25%coin-img-BTCBTC+2.03%coin-img-UCNUCN+0.24%coin-img-SOLSOL+1.84%coin-img-XRPXRP+0.99%coin-img-USDCUSDC-0.01%coin-img-DOGEDOGE+2.20%coin-img-ADAADA+3.22%

On-Chain Whale 'BTC OG' Narrows Unrealized Losses to $26.6M on $744M Hyperliquid Positions

On December 22, the on-chain whale address 0xb31, known as “BTC OG,” reduced unrealized losses on long positions to about $26.6 million from a peak of $76.15 million, according to BlockBeats citing Coinbob. The address controls roughly $744 million in Hyperliquid positions backed by $56.46 million in margin, including a $617 million 5x ETH long, after transferring $230 million from Binance in early December. BlockBeats noted the whale previously earned nearly $100 million by shorting BTC ahead of the October 11 market drop, with BitForex CEO Garrett Jin confirming ties to exchange clients.
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