Ethereum (ETH) Longs Jump to $670M as BTC OG Insider Whale Fills ETH Buy Orders at $3,030–$3,150

COINOTAG News, December 15 — Coinbob Monitor reports that the BTC OG Insider Whale address 0xb31 has mostly filled its ETH buy orders over the past hour, leaving only a $3,030 remainder on a roughly $480,000 ETH-long. The total position stands at about $670 million with an unrealized loss of $22 million.

Major long exposures include: ETH Long $556 million (avg $3,169), unrealized loss $16.8 million (-15%); BTC Long $88.57 million (avg $91,500), unrealized loss $2.93 million (-16%); SOL Long $32.52 million (avg $137), unrealized loss $1.88 million (-115%).

Timeline: Dec 7–8 saw a $70 million transfer from Binance to Hyperliquid, opening a 5x ETH long at $3,048. On Dec 10 another $50 million was added; on Dec 12, $110 million more entered, lifting ETH buy orders in the $3,030–$3,150 range to about $92.7 million.

Context: the BTC OG Insider Whale has historically held large BTC and gradually shifted exposure toward ETH. Market observers note heightened attention around major moves, with BitForex CEO Garrett Jin saying the address is associated with some clients.