According to @lookonchain, the Bitcoin OG wallet labeled 1011short moved 5,152 BTC valued at $476.68M to a new wallet, indicating significant on-chain whale activity; source: https://x.com/lookonchain/status/1999377839049842816 and https://intel.arkm.com/explorer/address/17MWdxfjPYP2PYhdy885QtihfbW181r1rn. According to @lookonchain, the same entity holds an estimated $614M long position comprised of 150,466 ETH (~$491M), 1,000 BTC (~$92.6M), and 212,907 SOL (~$27.8M); source: https://x.com/lookonchain/status/1999377839049842816 and https://hypurrscan.io/address/0xb317d2bc2d3d2df5fa441b5bae0ab9d8b07283ae. According to @lookonchain, he also placed limit orders to add 40,000 ETH in the $3,030–$3,258 range and 50,000 SOL at $138.6, indicating defined bid levels in ETH and SOL; source: https://x.com/lookonchain/status/1999377839049842816 and https://hypurrscan.io/address/0xb317d2bc2d3d2df5fa441b5bae0ab9d8b07283ae.

According to @lookonchain, trader 1011short added 20,000 ETH worth about $63.3M to an existing long as the market fell, taking the total position to 140,094 ETH (approximately $442M) with a stated liquidation price of $2,387.28. source: https://x.com/lookonchain/status/1999133026484465751 The position was previously reported at 120,094 ETH (around $392.5M) with a liquidation price of $2,234.69, corroborated by the referenced Hyperdash trader page. source: https://x.com/lookonchain/status/1998919895493566545; https://legacy.hyperdash.com/trader/0xb317d2bc2d3d2df5fa441b5bae0ab9d8b07283ae The trade’s PnL shifted from over $26M profit to more than $2.4M in losses during the drawdown, highlighting elevated liquidation risk. source: https://x.com/lookonchain/status/1998919895493566545 For trading, the $2,387.28 level is the key liquidation threshold for this large ETH long to monitor for risk management. source: https://x.com/lookonchain/status/1999133026484465751

According to @lookonchain, the address labeled BitcoinOG (1011short) closed all ETH long positions totaling 55,133 ETH, valued at approximately $193.8 million (source: @lookonchain on X). According to @lookonchain, the position exit locked in an estimated profit of about $2.8 million (source: @lookonchain on X). According to @lookonchain, these figures were shared in their on-chain tracking update on Nov 11, 2025 (source: @lookonchain on X).

According to @lookonchain, the wallet labeled #BitcoinOG (1011short) is showing more than $2.7 million in losses on long positions in BTC and ETH; source: @lookonchain (X, Nov 4, 2025). According to @lookonchain, this confirms the whale’s BTC and ETH long exposure is currently underwater, highlighting near-term stress on that directional bet; source: @lookonchain (X, Nov 4, 2025).

According to @lookonchain, the trader labeled BitcoinOG (1011short) deposited 100 BTC (about $10.81M) to Kraken again roughly an hour ago, source: @lookonchain. According to @lookonchain, the same entity reduced its BTC short position on Hyperliquid to 1,300 BTC (about $140.8M), source: @lookonchain.

According to @lookonchain, trader 1011short fully closed all BTC shorts on Hyperliquid, realizing over $197M in profits across two wallets. Source: Lookonchain on X; Hyperdash trader dashboards. Right after, 89M USDC was deposited to Binance by the same entity. Source: Lookonchain on X; Arkham Intelligence address explorer. Shortly afterward, Binance BTC open interest increased by about $510M. Source: Lookonchain on X.