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Data: Yesterday, a Bitcoin OG shorted $330 million worth of ETH with 12x leverage, making a profit of over $160 million, and has closed most of the BTC and ETH short positions

Oct 11, 2025 10:09:54

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ChainCatcher news, according to Lookonchain monitoring, a Bitcoin OG has closed most of his BTC and ETH short positions within 30 hours, making a profit of over 160 million USD. Currently, the account has only 821.6 BTC (approximately 92 million USD) in short positions left.

Previously, this Bitcoin OG shorted ETH with a 30 million USD position at 12x leverage, worth approximately 330 million USD.

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