'BTC OG Insider Whale' Account Faces Nearly $50 Million in Unrealized Losses, Holding $680 Million

The 'BTC OG Insider Whale' (0xb31) account has an unrealized loss of $49.5 million, with a total holding size of approximately $680 million and remaining margin of $48.36 million. This whale holds $564 million in 5x ETH long positions (unrealized loss of $39.81 million), $85.96 million in 5x BTC long positions, and $31.52 million in 20x SOL long positions. Recently, this address transferred funds from Binance to Hyperliquid to increase its positions, with no activity today. BitForex CEO Garrett Jin stated that this address is linked to one of their clients.