#比特币价格走势 Noticing the latest movements of OG whale, this data is worth a detailed analysis.

Currently, the account has an unrealized loss of $78.3 million, with margin remaining at only $15.92 million — this leverage ratio is already quite dangerous. The 5x ETH long position has an unrealized loss of 58%, and the 20x SOL long position is even at a 292% unrealized loss, indicating significant liquidation pressure. In this passive position state, claiming that "Bitcoin is about to surge to 106,000" is somewhat contradictory logically.

Historically, this address has a record of precise timing — before the 10.11 crash, it positioned short and made nearly $100 million profit. But the current optimistic stance after the expanded unrealized losses in long positions seems more like a risk hedging psychological expectation rather than a judgment based on new on-chain signals.

The key question is: did they really see on-chain evidence of a rally this time, or are they only relying on technical support and policy judgments? With limited margin balance, if the market continues to decline, they may face a chain reaction of forced liquidations.

It is recommended to continue monitoring this address’s position changes and fund flows, rather than blindly following target price predictions. Market signals are often hidden in the details.