Bitcoin OG has reportedly deposited roughly $20 million in USDC as additional collateral with Hyperliquid to prevent liquidation. Unrealized losses on the address have expanded to about $83.4 million, and cumulative funding costs are around $8 million, with book profits down from a peak near $142.5 million to about $9.7 million. Current major holdings include ETH: 223,340.65 units valued at approximately $632,000,000; BTC: 1,000 units valued at about $86,990,000; SOL: 511,612.85 units valued at around $61,000,000.
Bitcoin OG has reportedly deposited roughly $20 million in USDC as additional collateral with Hyperliquid to prevent liquidation. The move comes as unrealized losses expand to about $83.4 million, with cumulative funding costs around $8 million and book profits sliding from a high near $142.5 million to about $9.7 million. Current major positions include ETH: 223,340.65 units valued at approximately $630,200,000; BTC: 1,000 units valued at about $86,990,000; SOL: 511,612.85 units valued at around $61,000,000. These holdings illustrate a concentrated exposure in leading tokens, coupled with a strategic collateral buffer to navigate potential market stress.
Leave a Reply