"BTC OG" takes advantage of the news from the Russia-Ukraine conflict: the main Address has a shorting scale exceeding 200 million USD, while the associated Address simultaneously gains about 6 million USD from going long.

BlockBeats news, on October 22, according to on-chain AI analysis tool CoinBob (@CoinbobAIbot), affected by the news of “Europe and Ukraine drafting plans to end the Russia-Ukraine conflict,” BTC briefly rose by 5.7% at 22:00 yesterday, while ETH rose by 6.3% simultaneously. At this time, the address monitored as “BTC OG” Whale (0xc2a) began to close its holdings of $179 million BTC long positions and $120 million ETH long positions in batches starting from 1:00 AM today, and by 4:00 AM, all positions had been closed, realizing a profit of over $6 million. Additionally, it was monitored that the main address of “BTC OG” (0xb31) continued to hold a 10x BTC short order and increased its position size from $124 million to $235 million at 1:00 AM today. Subsequently, the BTC price continued to decline until midday when news emerged that “Trump's latest peace efforts were thwarted, and Russia bombarded Ukraine”; by 14:00, the short order had recorded over 30% floating return rate. Yesterday afternoon, the long position value of the associated address of “BTC OG” was about $289 million, approximately twice that of the main address's short order.