「BTC OG Whale」 BTC Short Position Faces Over $900K Unrealized Loss, Associated Address Still Holds Long Position

BlockBeats News, October 20th, according to HyperInsight monitoring, at 3:00 AM today (Beijing Time), an address identified as the "BTC OG Whale" (0xb31) opened a 10x short position for 700 BTC at an average price of $10.91k per BTC, now facing a total unrealized loss of over $900k with a total position worth approximately $77.27 million.

Notably, about 10 hours ago, this address deposited $30 million into HyperLiquid and opened a long position on BTC. However, another address previously associated with it (0xc2a) still holds a 15x BTC long position and a 5x ETH long position, with an unrealized gain of $3.66 million and a total position worth approximately $260 million.