Key Takeaways
- A Bitcoin whale initiated a $491 million lengthy place in Ether.
- Market hypothesis suggests this transfer might mirror insider data or robust bullish expectations for Ethereum.
Share this text
A Bitcoin whale recognized as Bitcoin OG 1011short opened a $491 million lengthy place in Ether immediately, in keeping with knowledge tracked by Lookonchain.
Completely wild — this #BitcoinOG(1011short) continues to be including extra to his longs.
Present place:
150,466 $ETH ($491M)
1,000 $BTC ($92.6M)
212,907 $SOL ($27.8M)He additionally positioned restrict orders so as to add 40,000 $ETH within the $3,030-$3,258 worth vary and 50,000 $SOL at $138.6.… pic.twitter.com/QRRsLtuFXz
— Lookonchain (@lookonchain) December 12, 2025
The dimensions of the place has sparked hypothesis in crypto markets about potential insider data or market expectations driving the bullish wager on Ethereum’s native token.
The dealer additionally took lengthy positions in Bitcoin and Solana. The whale’s complete lengthy place now exceeds $614 million, and in keeping with the most recent replace, he transferred 5,152 BTC value roughly $477 million to a brand new pockets.
Over the previous 24 hours, Ethereum’s worth remained principally flat, whereas Solana jumped practically 6% and Bitcoin rose 2%, in keeping with CoinGecko.
