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Bitcoin whale opens $491 million Ether long position

Essential factors

  • A Bitcoin whale has initiated a $491 million lengthy place in Ether.
  • Market hypothesis means that this transfer could replicate insider information or sturdy bullish expectations for Ethereum.

A Bitcoin whale recognized as Bitcoin OG 1011short opened a $491 million lengthy place in Ether at this time, in line with knowledge tracked by Lookonchain.

Simply wild — this #BitcoinOG(1011short) continues so as to add to his longs.

Present place:
150,466 $ETH ($491M)
1,000 $BTC ($92.6 million)
212,907 sol ($27.8 million)

He additionally positioned a restrict order so as to add $40,000 of ETH on the value vary of $3,030 to $3,258 and $50,000 of SOL at $138.6. … pic.twitter.com/QRRsLtuFXz

— Lookonchain (@lookonchain) December 12, 2025

The dimensions of this place has sparked hypothesis within the crypto market that potential insider information or market expectations are driving bullish bets towards Ethereum’s native token.

The dealer additionally took lengthy positions in Bitcoin and Solana. Whale’s complete lengthy place is now over $614 million, and in line with his newest replace, he has transferred 5,152 BTC price about $477 million to his new pockets.

Based on CoinGecko, over the previous 24 hours, Ethereum’s value has been largely flat, whereas Solana has risen almost 6% and Bitcoin has risen 2%.

See also  ETH sits at a decision point around $2,030

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