BTC OG whale holds 40,000 ETH long positions, currently facing over $2 million in unrealized losses, with a liquidation price of $2,533.69.

ChainCatcher News, the address holding 40,000 ETH (approximately $135 million) has an unrealized loss of $2.05 million, with an entry price of $3,445.58 and a liquidation price of $2,533.69.

Address: 0xb317D2BC2D3d2Df5Fa441B5bAE0AB9d8b07283ae. Previously, a high-profile BTC OG whale who switched to ETH transferred a large amount of funds from address (0x2eA) to an intermediary address (0x4f9) on October 10, and the latter injected funds multiple times into the trading address (0xb31). Shortly before the black swan event, the two related addresses (0x2eA) precisely opened a short position on ETH, and (0xb31) opened a short position on BTC, both subsequently making profits.