BlockBeats News, October 10th. According to LookIntoChain analysis, the high-profile Ethereum whale who recently swapped to Bitcoin may be associated with either the Bitcoin OG or Trend Research under the umbrella of Yi Li Hua. The evidence is as follows: Wallet 0x52d3 sent 0.1 ETH to this Bitcoin OG as a gas fee 8 hours ago and subsequently deposited 1.31 million USDC into Trend Research’s Binance deposit address.
Today’s news indicates that this Bitcoin OG has increased its short position to 3,600 BTC (4.38 billion USD), currently facing an unrealized loss of 3.66 million USD. The liquidation price is 139,900 USD.
