BTC OG Insider Whale Cuts Over 400 BTC Longs on Jan. 27, Holds 201,752 ETH Long on Hyperliquid

On Jan. 27, a trader known as the "BTC OG insider whale" rapidly cut Bitcoin long positions on Hyperliquid. Hyperinsight said over 400 BTC were trimmed from an original 1,000 BTC long in the past five minutes. The account now holds 572 BTC longs worth about $50.26 million and maintains a 201,752 ETH long on Hyperliquid valued at approximately $585 million. It still has an additional 72 BTC sell order resting at $87,800, waiting to be closed on the same platform.