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che-aziz
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Bitcoin OG Whale Deposits $332 Million of Ethereum on Binance as Long Positions Continue
One of the major Bitcoin investors transferred 112,894 Ethereum to Binance today.
The entity has active long positions worth $749 million.
The leveraged positions include Bitcoin and Ethereum with a leverage of 5 times.
The whale deposited 100,000 Ethereum a few days ago.
A seasoned cryptocurrency whale known as "Bitcoin OG" transferred a large amount of Ethereum to one of the trading platforms, at a time when its long positions enhanced by leverage remain open. Blockchain data shows that the wallet deposited 112,894 ETH, worth nearly $332 million, on Binance on December 30. The blockchain monitoring company Lookonchain first spotted this transaction. According to public derivatives data, the same entity currently holds long positions estimated at around $749 million distributed across Bitcoin, Ethereum, and Solana.
The entity has active long positions worth $749 million.
The leveraged positions include Bitcoin and Ethereum with a leverage of 5 times.
The whale deposited 100,000 Ethereum a few days ago.
A seasoned cryptocurrency whale known as "Bitcoin OG" transferred a large amount of Ethereum to one of the trading platforms, at a time when its long positions enhanced by leverage remain open. Blockchain data shows that the wallet deposited 112,894 ETH, worth nearly $332 million, on Binance on December 30. The blockchain monitoring company Lookonchain first spotted this transaction. According to public derivatives data, the same entity currently holds long positions estimated at around $749 million distributed across Bitcoin, Ethereum, and Solana.
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