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.