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「BTC OG Insider Whale」 is closing his BTC long position, short-term target is to halve the position
By: theblockbeats.news|2026/01/27 05:00:30
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BlockBeats News, January 27th, according to Hyperinsight monitoring, the "BTC OG Insider Whale" is rapidly unwinding its BTC long position on Hyperliquid. In the past 5 minutes, it has already unwound over 400 BTC from its long position (originally holding a 1000 BTC long position). The remaining long position is now 572 BTC, equivalent to about $50.26 million. There are still 72 BTC sell orders at $87,800 waiting to be liquidated.
At the time of writing, its ETH long position on Hyperliquid still holds 201,752 ETH, equivalent to $5.85 billion.
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