Bitcoin OG Whale Embraces Ethereum Amid Market Volatility

A prominent Bitcoin entity known as the ‘BTC OG Whale’ has recently exhibited increased activity in the Ethereum market. Monitoring by HyperInsight reveals that this individual significantly expanded their ETH long position over the past five hours, adding 1,973 ETH to reach a value of approximately $7.72 million. This action boosted the total value of their holdings to around $289 million. Notably, their portfolio also includes a substantial $173 million BTC 15x long position and a $115 million ETH 5x long position. Meanwhile, the ‘BTC OG Whale’ maintains a 10x short position on Bitcoin with an approximate value of $118 million, influenced by recent pronouncements regarding potential tariff adjustments from U.S. President Donald Trump.