Necessary 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 present, in accordance 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 worth 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 in opposition to Ethereum's native token.
The dealer additionally took lengthy positions in Bitcoin and Solana. Whale’s whole lengthy place is now over $614 million, and in accordance with his newest replace, he has transferred 5,152 BTC value about $477 million to his new pockets.
In keeping with CoinGecko, over the previous 24 hours, Ethereum's worth has been principally flat, whereas Solana has risen almost 6% and Bitcoin has risen 2%.
