'BTC OG Insider Whale' Closing BTC Long Positions, Short-Term Target to Halve Positions

BlockBeats News, January 27, according to Hyperinsight monitoring, the 'BTC OG Insider Whale' is rapidly closing its BTC long positions on Hyperliquid. Over the past 5 minutes, it has reduced more than 400 BTC long positions (originally holding 1,000 BTC long positions). Currently, 572 BTC long positions remain, equivalent to approximately $50.26 million, with 72 BTC still pending closure at $87,800. As of the time of reporting, it still holds 201,752 ETH long positions on Hyperliquid, equivalent to approximately $585 million.