「BTC OG」 Whale incurred a small loss of $3 million on a long position last night, after accurately shorting during the October 11th crash and making a profit of over a billion dollars.

By: theblockbeats.news|2025/11/07 12:45:47

BlockBeats News, November 7th, according to on-chain AI analytics tool CoinBob (@CoinbobAI_bot), monitoring data shows that the 「BTC OG」 whale (0xb31) account's unrealized loss has reached $3 million. Yesterday, it once reached an unrealized loss of over $4.3 million. There is no new closing or opening position trend yet, with a total holding with a notional value of approximately $125 million. As of the time of writing, the holdings are as follows:

- BTC 5x Long: Unrealized loss of $1.78 million (about 12.4%), with an average holding price of $104,500, and a position size of about $71.4 million

- ETH 5x Long: Unrealized loss of $1.3 million (about 12.1%), with an average holding price of $3,427, and a position size of about $53.5 million

The two addresses of the 「BTC OG」 whale (0xb31, 0x2ea) once held over 100,000 BTC and gradually sold them this year to exchange for ETH. Then, before the flash crash on October 11th, they opened a large short position, earning over $170 million and gaining a reputation with one battle. Recently, they deposited $40 million to open 3x leveraged ETH and BTC long positions, increasing the leverage to 5x yesterday.

-- Price

In three weeks, Drift, Hyperbridge, and KelpDAO were consecutively hacked, resulting in nearly $900 million in losses. Polygon's CEO wrote that the problem lies not with any single team, but with the "notary" style architecture shared by the entire industry—relying on one or two signers to stamp cro...

Major Upgrade on Web: 10+ Advanced Chart Styles for Deeper Market Insights

To deliver more powerful and professional analysis tools, WEEX has rolled out a major upgrade to its web trading charts—now supporting up to 14 advanced chart styles.

Morning Report | Aethir secures a $260 million enterprise contract with Axe Compute; New Fire Technology acquires Avenir Group's trading team; Polymarket's trading volume surpassed by Kalshi

Overview of Important Market Events on April 23

Why a Million-Follower Crypto KOL Chooses WEEX VIP?

Discover why top crypto KOL Carl Moon partnered with WEEX. Explore the WEEX VIP ecosystem, 1,000 BTC protection fund, and exclusive rewards for serious traders.

CoinEx Founder: The Crypto Endgame in My Eyes

The industry will not disappear, but it will shrink significantly.

Spark Coin (SPK): Explodes 73% as Aave Bleeds $15B, A Good Investment Now?

Spark coin (SPK) surged 73% as $15 billion fled Aave after the KelpDAO hack. This article explains what Spark is, why it’s pumping, and whether it is a good investment right now.

As Aave's building collapses, Spark's high-rise is rising

The growth of Spark's TVL is essentially a redistribution of existing capital in DeFi among protocols, rather than new capital entering the market. The "cake" of the entire industry has shrunk in the short term, and no one can remain unaffected.

RootData: Q1 2026 Cryptocurrency Exchange Transparency Research Report

In this report, Binance continues to rank first with the highest trading volume and wealth potential, while OKX has risen to second place as one of the few exchanges with an increase in trading volume this month.

What Is Memecoin Trading? A Beginner's Guide to How It Works, the Risks, and 2026's Hottest Tokens

Memecoins surged 30%+ at the start of 2026 while Bitcoin was flat. RAVE spiked 4,500% then crashed 90% in days. MAGA jumped 350% overnight. This guide explains exactly how memecoin trading works — and how to not blow up your account doing it.