Key Takeaways
- A Bitcoin whale initiated a $491 million lengthy place in Ether.
- Market hypothesis suggests this transfer could mirror insider information or robust bullish expectations for Ethereum.
A Bitcoin whale recognized as Bitcoin OG 1011short opened a $491 million lengthy place in Ether at this time, based on information 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 value 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 information 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 whole lengthy place now exceeds $614 million, and based on the newest replace, he transferred 5,152 BTC value roughly $477 million to a brand new pockets.
Over the previous 24 hours, Ethereum’s value remained principally flat, whereas Solana jumped almost 6% and Bitcoin rose 2%, based on CoinGecko.
