Whale Address Movement Update: BTC OG Giant Whale's unrealized loss exceeds $90 million, and the short positions continue to take profits

【Blockchain Rhythm】According to the latest data from the on-chain data monitoring platform, the trading movements of several well-known addresses on December 18th are worth noting.

First is the “BTC OG Insider Whale” account. The overall unrealized loss of this address continues to expand, exceeding $92 million this week, with account margin remaining at only $27 million. Its main holdings are ETH long positions, with an unrealized loss of $65.6 million, a loss rate of 60%, with an average price of $3,167, and a total position size of approximately $539 million. It also holds BTC long positions and SOL long positions, which are also in unrealized loss. Currently, the total position size of this account is about $655 million, making it the top ETH long position holder on the Hyperliquid platform.

The operation of the “pension-usdt.eth” address is noteworthy. In the past 9 hours, this address completely closed its ETH short positions, recording a loss of about $2.09 million. It is understood that this short position used 3x leverage, with a single position size of approximately $75 million.

In contrast, the “Ultimate Short” address recently adopted a take-profit strategy. This morning, it closed its BTC short position again, with a scale of about $5.97 million, recording a profit of approximately $1.75 million. Currently, this address holds a BTC short position of about $50.38 million, with an unrealized profit of $14.56 million, and a return rate of 593%. The liquidation price is set at $100,800. Notably, since the beginning of this month, this address has closed positions totaling over $44.8 million, indicating ongoing risk avoidance.

Another active address, “Paul Wei,” has shown relatively stable performance. Last night, it was hit with three sell orders in a row, with a closed position of about $5,000. Currently, the BTC long position has an unrealized loss of about 6%, with holdings accounting for 15% of its total $100,000 funds, most of which are still pending orders. The trigger range for its long and short orders is approximately between $84,300 and $90,100, and since November 16th, it has accumulated a profit of $3,100.

Additionally, the “Calm Order King” address encountered an unexpected event today. After a short-term rally in BTC, it chased long positions but was immediately liquidated in large amounts. The account now only has $6,400 left, holding only a BTC short position of about $3 million.

The movements of these addresses reflect the current market participants’ trading strategy adjustments at different price levels and also demonstrate the actual risks and rewards involved in leveraged trading.