BTC OG Whale's Unrealized Loss Widens to $52M on Leveraged ETH, BTC and SOL Longs

On Dec. 16, the so-called "BTC OG 内幕巨鲸" saw total unrealized losses exceed $52 million as Bitcoin traded at $85,618 and Ethereum at $2,936, Hyperinsight data cited by BlockBeats show. The address holds a 5x leveraged long position of 190,935 ETH worth about $561 million with an unrealized loss of $43.04 million (-38.3%), a 5x leveraged long of 1,000 BTC valued at roughly $85.64 million and down $5.86 million (-34.25%), and a 20x leveraged long of 250,000 SOL worth around $31.2 million showing an unrealized loss of $3.17 million (-203%).