Bitcoin OG’s $54M Loss: How Crypto’s Rollercoaster Broke a Crypto Legend!
The data was shared on Dec. 16 by on-chain analytics platform Onchain Lens. According to the analysis, the address, often referred to as a “Bitcoin OG,” is currently facing an unrealized loss of about $54 million across large long positions in Bitcoin, Ethereum, and Solana. Because nothing says “I’m a legend” like losing half a billion. 💸




![The study of the XXZ model, incorporating a localized defect as described by $Eq. (11)$, reveals how spectral statistics-specifically the mean level spacing ratio $\langle\tilde{r}\rangle$ computed for a system of $L=18$-and local dynamical probes, such as averaged subsystem state purity $\overline{\mathcal{P}}$ [Eq. (6)] and the averaged Choi echo $\langle\text{Tr}[\mathcal{D}(t)^{2}]\rangle\_{\mathrm{Haar},t}$ [Eq. (8)], demonstrate a clear sensitivity to parameter variations $J_{xy}/J_{z}$ and $\varepsilon/J_{z}$, and explicitly break spatial reflection symmetry through defect placement.](https://arxiv.org/html/2512.11030v1/x4.png)


