"BTC OG Whale" has re-established a short position of 500 million dollars, and its associated matrix has previously collaborated to short, making a profit of over 150 million dollars.

On October 14, according to the on-chain AI analysis tool Coinbob, the "BTC OG Whale" address (0xb317) currently holds 4,394.7 BTC short positions (totaling approximately $498 million) in a 10x leverage full position mode, with an opening price of 115,288 USDC and a current liquidation price of 124,272 USDC (which requires a rise of 7.8%). The margin utilization rate has reached 83.22%, indicating a high-risk, high-reward strategy. This whale address has unrealized gains exceeding $9 million in the past 30 days and has recently built positions through high-frequency batch trading, with a total net worth of $60 million in the account. According to tracking by Arkham, this "high-profile BTC OG whale that frequently swaps for ETH" transferred large amounts of funds from address ( 0x2eA) to a transit address ( 0x4f9) on October 10. The latter then injected funds multiple times into the trading address ( 0xb31). Immediately before the "black swan" event, the two associated addresses ( 0x2eA) precisely shorted ETH, while ( 0xb31) shorted BTC and profited successively; currently, ( 0x4f9) still holds about $386 million in liquid USDC. The synchronized heavy shorting and profiting operations of the two addresses before the big dump have sparked discussions in the community about whether they hold "insider information." Data shows: October 10 concentrated deposits → shorting on the eve of the event → October 11 batch closing and withdrawal - ( 0x2eA): closed nearly 30,000 ETH short orders on October 11, profiting approximately $72.32 million; - ( 0xb31): closed BTC short orders on October 11, profiting over $85 million; currently still holding 4,394.7 BTC shorts, total holdings around $500 million, opening price of $115,000; unrealized gains of about $8.589 million; - ( 0x4f9): still has large amounts of USDC ammunition (about $386 million); transferred $80 million to ( 0xb317D) on October 10, and another $40 million on October 13; after profiting on the 11th, a total withdrawal of $120 million has been made.