Monitoring reports that the “BTC OG” address reduced its 1,267.20 coins ZEC long position
BIBIBI
AT A GLANCE
The post claims that an “BTC OG insider whale” reduced its 1,267.20 long positions ZEC, with its current holdings showing a loss.
Article
🐳 【BTC OG Insider whale “BTC long position TOP 1」】ZEC long position cuts losses!
💰ZEC Reduced long position by 1,267.20 units, equivalent to 1,990,173.12 USD▫️ Position size: 2,641,826.88 USD▫️ Average price: 1,546.35 USD▫️ Current P&L: -37,695.08 USD (-4.28%)
▫️ Current coin price: 1,524.60 USD▫️ Liquidation price: 0 USD📌 Address: 0x92ea19eceb7a8de0f50978a1583a5d8b018050e9🔥 Note: This whale was previously an address that held over 50000 units of BTC for 8 years, and later successively moved part of its OG holdings into BTC positions in ETH. Its operations have repeatedly closely tracked Trump’s remarks and shifts in U.S. policy. Before the sharp drop in “10.11”, it profited nearly 100000000 USD, attracting market attention. BitForex CEO Garrett Jin previously stated that the address was associated with one of its clients. 🔥
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Key points
01
The post stated that the address reduced its 1,267.20 units of ZEC long positions, equivalent to approximately 1,990,173.12 USD。
02
The post listed the position size as 2,641,826.88 USD, with an average price of 1,546.35 USD。
03
The post listed current profit/loss as -37,695.08 USD (-4.28%), the current token price as 1,524.60 USD, and the liquidation price as 0 USD.
04
The address given in the post was 0x92ea19eceb7a8de0f50978a1583a5d8b018050e9。
05
The post stated that BitForex CEO Garrett Jin once said that the address was associated with one of its clients.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
“Long positions” are positions that bet on price increases, while “reducing” means decreasing the position size. According to the post’s data, the address reduced its ZEC long positions, and the remaining position was at a loss at the time.
Why it matters to readers
These data indicate that an address described by the post as a “whale” is reducing its ZEC long positions, which can be used to observe changes in the position publicly displayed by that address.
Beginners may track the position direction, average entry price, current coin price, profit or loss, and liquidation price, but should not judge market trends based solely on the actions of a single address.
Risks and unknowns
The true identity of the holder of this address cannot be confirmed based solely on the post.
The post’s claims that this address once held more than 50000 coins BTC, remained inactive for 8 years, changed positions ETH, and profited from trading lack supporting evidence.
The claimed relationship that the address was “highly synchronized” with Trump’s statements and U.S. policy developments cannot be confirmed.
The customer affiliation referred to by Garrett Jin and its specific meaning cannot be confirmed.
The post does not specify the measurement basis for the position data; the listed average prices, current coin prices, and loss percentages require review.
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Related concepts
Long Position
This term is not in the glossary yet. Browse related concepts in the glossary.
