「BTC OG」 and two affiliated addresses synchronized bearish views yesterday, realizing a short-term profit of over 7 million and have taken profit.

By: theblockbeats.news|2025/10/23 12:15:51

BlockBeats News, October 23, according to on-chain AI analysis tool CoinBob (@CoinbobAI_bot), the "BTC OG" whale (0xb31) closed a short position of over $100 million in BTC at 23:00 yesterday. Then, at around 9:00 today at a Bitcoin price of about $108,000, the whale fully closed the remaining $140 million BTC short position, realizing a profit of $6.39 million.

In addition, the associated address of "BTC OG" (0xc2a) opened another 18x BTC short position at 22:00 yesterday and continued to add to it. By 3:00 this morning, the whale accumulated a nominal position worth about $110 million in BTC shorts. Subsequently, at 7:00 this morning at the price low, the whale took profit of about $780,000. At the time of writing, both addresses no longer hold any positions, and the contract account still retains about $80 million.

According to market analysis, at 5:00 today, possibly influenced by the news of "Biden to announce Russian sanctions within a day," international oil prices and gold prices rose, leading to a brief decline in BTC price.

-- Price

A Polymarket user supported nearly half of Trade.xyz's "active addresses" with 34,000 wallets, yet contributed less than 1% of the trading volume. The real support for the market comes from market-making institutions like Jump, Selini, and Wintermute, as well as a group of directional traders crossi...

Binance quietly placed a bet on a leading large model company

In the past year, YZi Labs has significantly accelerated its investments in the AI field, from educational agents to physical robots, and then to large models, with crypto capital and AI technology rapidly integrating.

Best Crypto Discord Server 2026: Why Jacob’s Crypto Clan Is Gaining Massive Attention

Jacob’s Crypto Clan has grown into one of the most active crypto Discord communities, with over 45K members and continuing to expand. This rapid growth reflects strong demand for structured trading insights and real-time collaboration.

Tom Lee Buying ETH: Why Wall Street’s Loudest Ethereum Bull Keeps Doubling Down

Tom Lee keeps buying ETH through every dip, every drawdown, and every moment of market doubt. Inside the strategy that's turning Ethereum into a treasury asset — and what it signals for the rest of the market.

Stripe Sessions 2026: AI Agent, Global Payments, and Invisible Crypto Infrastructure

Stablecoins have finally begun to enter the real business world, but this time, the main character may not be exchanges, wallets, or public chains, but Stripe. It encapsulates KYC, wallets, gas, compliance, and settlement, allowing businesses to access on-chain assets just like using regular payment...

Where will South Korea's cryptocurrency taxation head?

There is little time left before South Korea implements cryptocurrency taxation, but the current tax laws only cover simple spot and currency-to-currency transactions. Driven by the international tax information exchange standard (CARF), South Korea is comprehensively building an intelligence analys...