Update: Bitcoin OG whale keeps ramping up $ETH longs 🐋
2 hours ago, the wallet filled another chain of $ETH buy limits, pushing total $ETH exposure above $566M.
Current positions:
Long 5x $ETH: 180,935 ETH (~$567M)
Long 5x $BTC: 1,000 BTC (~$89.6M)
Long 20x $SOL: 250,000 SOL (~$33.1M)
Total open positions: ~$689.5M
Current PnL: -$9.7M
There’s also a buy limit around $3,030 set (~$483K).
Volume is now close to the Oct 11 short-volume peak.
Will he hold strong again this time? 👀
With Bitcoin still trading near $90K, the key on-chain price models remain largely unchanged:
🔴 STH Cost Basis: $102.2K
🟡 Active Investors Mean: $88.0K
🟢 True Market Mean: $81.4K
🔵 Realized Price: $56.4K
These levels highlight where different cohorts anchor their average positions as BTC consolidates.