coin-img-ETHETH-6.60%coin-img-BTCBTC-3.02%coin-img-UCNUCN+0.25%coin-img-SOLSOL-4.88%coin-img-XRPXRP-3.97%coin-img-USDCUSDC+0.01%coin-img-ADAADA-11.12%coin-img-DOGEDOGE-6.86%coin-img-ETHETH-6.60%coin-img-BTCBTC-3.02%coin-img-UCNUCN+0.25%coin-img-SOLSOL-4.88%coin-img-XRPXRP-3.97%coin-img-USDCUSDC+0.01%coin-img-ADAADA-11.12%coin-img-DOGEDOGE-6.86%coin-img-ETHETH-6.60%coin-img-BTCBTC-3.02%coin-img-UCNUCN+0.25%coin-img-SOLSOL-4.88%coin-img-XRPXRP-3.97%coin-img-USDCUSDC+0.01%coin-img-ADAADA-11.12%coin-img-DOGEDOGE-6.86%coin-img-ETHETH-6.60%coin-img-BTCBTC-3.02%coin-img-UCNUCN+0.25%coin-img-SOLSOL-4.88%coin-img-XRPXRP-3.97%coin-img-USDCUSDC+0.01%coin-img-ADAADA-11.12%coin-img-DOGEDOGE-6.86%

BTC OG Insider Whale Cuts 9% of ETH Long on Hyperliquid After Nearly $3M Drop in Unrealized Profit

A trader labeled "BTC OG Insider Whale" (address (0xb31)) reduced its ETH long exposure by $14.06M within the past 9 hours during a mild ETH pullback, locking in about $304K in profit and cutting unrealized gains from a $6M peak to $3.3M, according to Coinbob's popular address tracking. The remaining ETH long position is now roughly $155M on Hyperliquid with an average entry of $3,048 and a liquidation price of $1,678. The same entity had moved $70M from a Binance wallet to Hyperliquid between the evening of December 7 and the morning of December 8 to open a 5x leveraged ETH long, described as its largest position in nearly 30 days. Related addresses (0xf6f), (0xF74) and (0x411) cumulatively borrowed $220M USDT from Aave on December 1 and sent the funds to a Binance wallet, with address (0xf6f) pledging more than 126,000 ETH as collateral, while ETH hit a roughly 10-day low near $2,718 that day and later climbed, and BitForex CEO Garrett Jin said this whale is linked to one of the exchange's clients.
BTC
BTC-3.06%
ETH
ETH-6.57%
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