The Bitcoin OG who boldly switched holdings to Ethereum has increased BTC short positions, currently facing an unrealized loss of $3.66 million.

BlockBeats News, October 10, according to monitoring by Lookonchain, the Bitcoin OG who previously made headlines by swapping holdings for Ethereum has now increased his short position to 3,600 BTC ($438 million), currently facing an unrealized loss of $3.66 million. The liquidation price is $139,900.

According to previous reports, around 1 a.m. today, this address deposited 80 million USDC into Hyperliquid and opened a 6x leveraged short position with 3,477 BTC ($419 million), with a liquidation price of $140,660. At the same time, he also deposited 50 million USDC into an exchange.