Mysterious whale dumps another $50 million! ETH holdings reach $267 million with a 30% unrealized gain. Will they continue to add more this round?

[BlockBeats] In the past 8 hours, the mysterious address marked as “BTC OG Insider Whale” (starting with 0xb31) has made new moves—directly dumping $50 million into Hyperliquid and conveniently adding 895 ETH long positions worth about $3.25 million. Interestingly, after this money arrived, it hardly moved, as if plotting a big move.

Looking at the current holdings: the total scale has soared to $267 million, with an unrealized profit of $15.97 million (a 30% return). The average holding price of ETH has quietly increased from $3,068 yesterday to $3,108. This round of operations is clearly bottom-fishing, and the technique is very skillful.

Looking back at earlier records is even more exciting—on the night of December 7 to the morning of December 8, this guy transferred $70 million from a top exchange into Hyperliquid, directly opened a 5x leveraged ETH long position, and the position size once surged to $160 million, making it the most aggressive opening in the past month. The average entry price then was $3,048, and looking at it now, the timing was spot on.

The background of this address is even more legendary: in the early days, he held over 50,000 BTC and remained dormant for 8 years, later gradually converting some BTC into ETH. What’s most surprising is his timing—he has repeatedly synchronized his moves with major events and policy shifts. For example, before the big drop on “10.11,” he positioned a $500 million BTC short a few hours in advance, ultimately earning nearly $100 million. This precise strike made the market explode. Some exchange executives once revealed this address is connected to their major clients, but the true identity remains a mystery.

Now this whale is making a heavy bet on ETH. Will the market follow his rhythm next? It’s definitely worth keeping a close watch.