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「BTC OG Whale Insider」 New Address Longs 504 BTC, Holding Reaches $39.15 million
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BlockBeats News, May 22nd, according to Coinbob Popular Address Tracker, the「BTC OG Insider Whale」associated address opened a leveraged long position on BTC last night at 5x leverage, with a slight unrealized gain of $113,000 as of the time of writing. Currently, the address holds a long position of 504 BTC, with a position value of approximately $39.15 million and an entry price of $77,394.

It is reported that the address was created yesterday and received fund transfers from a wallet associated with the「BTC OG Insider Whale.」 From the account composition perspective, the spot account still holds $29.9 million USDC that has not been touched. Although this contract was opened with 5x leverage, considering the total account funds, the actual leverage is only about 1x.

In terms of the whale's overall on-chain assets, it still holds 10,290 BTC (worth approximately $796 million), with a total account value exceeding $842 million. Another recent notable transaction was that the address accumulated about 577,896 ETH (worth approximately $1.35 billion) to the Binance platform before May 10th. There is currently no ETH spot holding traceable to the address.

Address: 0x92ea19eceb7a8de0f50978a1583a5d8b018050e9

Source: BlockBeats

Disclaimer: The current content is sourced from third-party perspectives or directly translated by AI from third-party perspectives. CoinEx does not guarantee the authenticity, accuracy, and originality of the content, and it does not constitute any investment advice from CoinEx. The prices of cryptocurrencies are highly volatile, please be aware of the potential risks.

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