Bitget App
Trade smarter
MarketsTradeFuturesEarnSquareMore
Bitcoin whale opens $491 million Ether long position

Bitcoin whale opens $491 million Ether long position

Cryptobriefing2025/12/12 19:00
By:Cryptobriefing

Key Takeaways

  • A Bitcoin whale initiated a $491 million long position in Ether.
  • Market speculation suggests this move may reflect insider knowledge or strong bullish expectations for Ethereum.

A Bitcoin whale identified as Bitcoin OG 1011short opened a $491 million long position in Ether today, according to data tracked by Lookonchain.

The size of the position has sparked speculation in crypto markets about potential insider knowledge or market expectations driving the bullish bet on Ethereum’s native token.

The trader also took long positions in Bitcoin and Solana. The whale’s total long position now exceeds $614 million, and according to the latest update, he transferred 5,152 BTC worth approximately $477 million to a new wallet.

Over the past 24 hours, Ethereum’s price remained mostly flat, while Solana jumped nearly 6% and Bitcoin rose 2%, according to CoinGecko.

0
0

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.

You may also like

Assessing How Federal Reserve Policies Influence Emerging Blockchain Assets Such as Solana

- Fed's 2025 rate cuts and liquidity injections initially boosted Solana prices by 3.01% but triggered 6.1% drops during October 2025 liquidations. - Regulatory frameworks like EU MiCA and U.S. GENIUS Act drove 8% institutional ownership of Solana, attracting $101.7M in November 2025 inflows. - 35% of crypto volatility stems from Fed policy shifts, with high-rate environments eroding Solana's appeal as investors favor cash equivalents. - Solana's SIMD-0411 proposal aims to reduce token issuance by $2.9B by

Bitget-RWA2025/12/13 09:14
Assessing How Federal Reserve Policies Influence Emerging Blockchain Assets Such as Solana

Sustainable Transportation in Cities and the Adoption of Renewable Energy in Developing Economies

- South Africa and India are leading solar-powered transit growth, driven by decarbonization goals and energy security needs in emerging markets. - Solar bus markets project $17.79B value by 2033 (21.6% CAGR), supported by falling solar costs, EV affordability, and policy frameworks in Africa/Asia. - Behavioral economics shapes e-mobility adoption, with South Africa targeting 18,000 tonnes CO₂ reduction via 120 electric buses and India using social nudges to boost EV uptake. - Cross-regional collaboration

Bitget-RWA2025/12/13 08:50
Sustainable Transportation in Cities and the Adoption of Renewable Energy in Developing Economies

PENGU Price Forecast for 2025: Steering Through Regulatory Challenges and Growing Institutional Confidence

- Pudgy Penguins (PENGU) faces regulatory uncertainty from SEC delays and EU MiCA, causing 30% price drops due to compliance risks. - Institutional interest grows with $273K whale accumulation and rising OBV, contrasting retail fear (Fear & Greed Index at 28). - Ecosystem expansion via Pudgy World and penguSOL, plus Bitso partnership, aims to boost utility but depends on user adoption and regulation. - Expert forecasts diverge: $0.02782 (CoinCodex) vs. $0.068 (CoinDCX), with technical analysis highlighting

Bitget-RWA2025/12/13 07:14
PENGU Price Forecast for 2025: Steering Through Regulatory Challenges and Growing Institutional Confidence
© 2025 Bitget