COINOTAG News, December 29, citing Coinbob’s Popular Address Monitoring, reports that the BTC OG Insider Whale (0xb31) rebalanced risk after lifting SOL long leverage to 20x and flattening the position on December 26, then dialing back to 10x with no further trades. The move reduced the floating loss from a peak near $76.15 million to about $43.9 million, while overall exposure sits around $754 million with a $39.59 million margin.
Core long exposures show: ETH Long — 5x, $6.01 billion notional, average entry $3,147, with floating loss about $38.7 million; BTC Long — 5x, $87.96 million notional, average $91,500, floating loss ~$3.52 million; and SOL Long — 10x, $64.67 million notional, average $135, floating loss ~$1.91 million.
Earlier in December, the address moved funds between wallets to build ETH and BTC long bets, reflecting active liquidity positioning tracked by market observers. Traders should monitor leverage dynamics and margin requirements as positions remain sizable.
Source: https://en.coinotag.com/breakingnews/bitcoin-btc-whale-alert-btc-og-insider-expands-to-754m-long-position-across-5x-eth-5x-btc-and-10x-sol-leverage
