Bitcoin Updates: The Two Sides of Leverage—A Whale Faces $3 Million Loss While an Insurer Gains €1.12 Billion

Bitget App

Trade smarter

Bitget

News

Markets

Bitcoin Updates: The Two Sides of Leverage—A Whale Faces $3 Million Loss While an Insurer Gains €1.12 Billion

Bitget-RWA2025/11/11 01:14

By:Bitget-RWA

- Unipol Assicurazioni (UNI) reported €1.12B net profit in Q1-Q3 2025, driven by BPR Banca gains and strong life/property segments despite market shifts. - Crypto whale "BTC OG" incurred $3M unrealized loss on leveraged BTC/ETH longs, contrasting UNI's stability amid volatile leveraged trading risks. - UNI's 158% solvency ratio and cost-cutting/digital transformation efforts highlight traditional insurers' resilience versus crypto's amplified market sensitivity. - Divergent outcomes underscore institutiona

Unipol Assicurazioni (UNI), the leading insurance provider in Italy, announced a net income of €1.12 billion for the first three quarters of 2025. This result was fueled by a one-off benefit from the BPR Banca transaction and solid outcomes in both life and property & casualty divisions, as outlined in the

UNI: Net Profit Hit EUR 1.12Bn, With Strong Segment Growth and Robust Solvency Despite Market Shifts

Bitcoin Updates: The Two Sides of Leverage—A Whale Faces $3 Million Loss While an Insurer Gains €1.12 Billion image 0

The company continued to demonstrate robust solvency levels, with only slight decreases, highlighting its ability to withstand changing market environments.

On the other hand, a well-known crypto investor referred to as "BTC OG" experienced an unrealized loss of $3 million on long positions in

Bitcoin

and

Ethereum

as of November 7, according to

«BTC OG» Whale Incurred a Small Loss of $3M on a Long Position Last Night

. This investor, who previously earned over $170 million by shorting during the October 11 downturn, now holds a total of $125 million in leveraged

BTC

and

ETH

long trades. These positions, initially leveraged at 3x and later raised to 5x, have dropped 12.1–12.4% from their average entry points of $104,500 (BTC) and $3,427 (ETH).

This recent setback for the crypto whale underscores the inherent instability of leveraged trading, even for experienced investors. In contrast, UNI's financial results highlight the reliability of established financial firms, with leadership crediting the performance to continued cost reductions and digital upgrades, as described in the

UNI: Net Profit Hit EUR 1.12Bn, With Strong Segment Growth and Robust Solvency Despite Market Shifts

. The insurer's operational strength—supported by effective claims handling—helped counteract wider market challenges, further cementing its status as a key player in the European insurance industry.

The differing outcomes for UNI and the crypto sector reflect larger economic trends. UNI's success is rooted in disciplined underwriting over time, while crypto investors contend with heightened risks from leverage and shifting sentiment. The BTC

whale's current losses, though notable, are minor compared to UNI's profits, highlighting the clear divide between traditional finance and decentralized markets.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops

Lock your assets and earn 10%+ APR

Lock now!

- D'CENT Wallet's v8.1.0 update enables multi-wallet management for up to 100 accounts, streamlining digital asset handling across investment, NFTs, and events. - Competitors like Exodus and Blaqclouds advance crypto adoption through features like Mastercard-linked debit cards and decentralized identity systems with biometric security. - Innovations such as fee-free transactions (D'CENT GasPass) and on-chain identity management (.zeus domains) highlight industry focus on accessibility and security for main

Bitget-RWA•2025/11/13 14:54

Crypto wallets are transforming into comprehensive platforms, connecting Web3 with traditional financial services

Grayscale's Public Listing: Advancing Crypto Adoption as Regulations Vary Worldwide

- Grayscale files U.S. IPO via S-1, joining crypto firms like Circle and Bullish in public markets. - IPO details remain undetermined, contingent on SEC review and market conditions. - Japan's TSE tightens crypto listing rules amid volatile "crypto hoarding" stock collapses. - U.S. regulators advance crypto rulemaking post-shutdown, potentially accelerating Grayscale's approval. - Grayscale's IPO highlights crypto's institutional push amid global regulatory divergence.

Bitget-RWA•2025/11/13 14:36

Grayscale's Public Listing: Advancing Crypto Adoption as Regulations Vary Worldwide

BNY's Stablecoin Fund Connects Conventional Finance with Around-the-Clock Digital Markets

- BNY Mellon launches BSRXX, a regulated fund enabling stablecoin issuers to hold GENIUS Act-compliant reserves without direct stablecoin investments. - The fund supports 24/7 digital markets by providing ultra-safe, short-term liquidity under federal requirements for stablecoin backing. - Anchorage Digital's participation highlights growing institutional adoption, with stablecoin reserves projected to reach $1.5 trillion by 2030. - BNY's $57.8T custody expertise positions it as a key infrastructure provid

Bitget-RWA•2025/11/13 14:36

Durov's Legal Victory Highlights the Ongoing Struggle Between Privacy and Government Oversight

- French authorities lifted a travel ban on Telegram CEO Pavel Durov after he complied with judicial supervision for a year. - Durov faces charges of complicity in alleged Telegram misuse for crimes, with potential 10-year prison and $550k fine if convicted. - He criticized French legal procedures and Macron's policies, highlighting tensions over digital privacy and blockchain integration. - The case underscores regulatory challenges for encrypted platforms, balancing user rights with accountability in a "

Bitget-RWA•2025/11/13 14:36