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BTC OG's Two Associated Addresses Simultaneously Bearish Yesterday, Profits Exceeding $7 Million Short-Term
Summary: According to on-chain AI analysis tool CoinBob (@CoinbobAI_bot), BTC OG whale (0xb31) closed out a short position of over $100 million in BTC at 23:00 yesterday. Subsequently, at around 9:00 today, at approximately $108,000 per Bitcoin, they fully closed out and took profits on the remaining $140 million BTC short position, realizing a profit of ...
According to on-chain AI analysis tool CoinBob (@CoinbobAI_bot), BTC OG whale (0xb31) closed out a short position of over $100 million in BTC at 23:00 yesterday. Subsequently, at around 9:00 today, at approximately $108,000 per Bitcoin, they fully closed out and took profits on the remaining $140 million BTC short position, realizing a profit of $6.39 million.
In addition, BTC OG's associated address (0xc2a) opened another 18x short position on BTC at 22:00 yesterday and continued to add to it, accumulating a nominal position value of around $110 million in BTC shorts by 3:00 this morning. They then took profits at the low point at 7:00 this morning, earning approximately $780,000. As of the time of writing, both addresses currently have no positions, with around $80 million remaining in the contract account.
Market analysis suggests that at 5:00 today, the impact of Bezent's announcement of sanctions against Russia within a day may have led to an increase in international oil and gold prices, causing a brief decline in BTC price.
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Link: BTC OG's Two Associated Addresses Simultaneously Bearish Yesterday, Profits Exceeding $7 Million Short-Term [Copy]
