「BTC OG」 Takes Advantage of Russia-Ukraine Conflict News to Execute a Double Strategy: Main Address Shorts Over $200 Million, While Associated Address Simultaneously Goes Long, Profiting Approximately $6 Million
BlockBeats News, October 22nd, according to on-chain AI analysis tool CoinBob (@CoinbobAI_bot), yesterday at 22:00, possibly influenced by the "Europe and Ukraine plan to end Russia-Ukraine conflict" news, BTC experienced a short-term 5.7% price increase, while ETH simultaneously rose by 6.3%. At this time, an address associated with the monitored "BTC Whale" (0xc2a) began to systematically close its $179 million BTC long position and $120 million ETH long position starting from 1:00 AM today, and by 4:00 AM, had completely closed its positions, realizing a profit of over $6 million.
Furthermore, according to monitoring, the main address of the "BTC Whale" (0xb31) maintained a 10x leveraged BTC short position, and at 1:00 AM today, increased the position size from $124 million to $235 million. Subsequently, as the BTC price continued to decline, news of "Trump's latest peace efforts frustrated, Russia bombards Ukraine" emerged around noon. By 14:00, this short position had recorded over a 30% floating return.
In yesterday's afternoon update, the associated address of the "BTC Whale" held a long position worth around $289 million, approximately twice the value of the main address's short position.
You may also like

China's AI Compute Power Counterstrike

Global Assets Plunge: Hormuz, Chips, and a South Korean Holiday

Bloomberg has reported twice, Hyperliquid once again in Wall Street's radar

Trump Backs Crypto Bill, SEC Halts Leveraged ETF, What Is the English-Speaking Crypto Community Talking About?

OpenClaw Floods Into Polymarket, Some Making Tens of Thousands Per Month

Understanding Trump's "Warfare Playbook": Ten Signals Investors Must Know

Iranian Missile Heading Toward UAE, Claude Also Within Range

Successive Core Team "Heroes" Depart, Has Aave's DAO Dream Crumbled?

Is This the Year of the Robot? A Deep Dive into Robotics Projects

When AI Takes Over Money: Bitcoin Becomes the "First Choice," Fiat Is Left Out
AI Trading in Live Markets: 4 Lessons From a WEEX Hackathon Top 10 Finalist
AI trading meets real markets. Explore 4 lessons from a WEEX Hackathon Top 10 finalist on surviving volatility, trusting AI models, and building smarter crypto trading systems.

MegaETH Co-founder: 48 Hours After Leaving Dubai, I Reassessed the Entire Crypto Space

Web3 Winter Mass Exodus: Resignations, Closures, Transformations, and Acquisitions

Key Market Information Discrepancy on March 4th — A Must-Read! | Alpha Morning Report

During the weekend market closure, Hyperliquid more accurately predicted the Gold reopening price than Binance

OpenClaw thrusts crypto project Venice.ai into the spotlight as its token VVV surges over 500% in a single month

Different Rulings in Similar Cases: Why can Uniswap go free while Tornado Cash cannot?
