$ETH Bitcoin OG Doubles Down, Boosts 5x $ETH Long Again 🐳
As the market rebounds, the well-known Bitcoin OG wallet (10/11) has once again increased its 5x leveraged ETH long, stacking more exposure during the bounce.
On-chain and derivatives data show the OG now controls a massive position:
– 212,726 ETH worth $643M
– 511,612.85 $SOL worth $66M
– 572.71 $BTC worth $51.09M
Despite the aggressive positioning, the wallet is still down $29.79M overall, having already paid over $8M in funding fees, highlighting the cost of holding high-leverage conviction through volatility.
The repeated adds suggest unwavering confidence — even while underwater — as this OG continues to bet heavily on an ETH-led recovery.
Is this the final scale-in before a major move… or leverage pushing patience to the limit?
Follow Wendy for more latest updates
