Bitcoin Whale Shifts from Long to Short on Ethereum with 5x Position
The post Bitcoin Whale Shifts from Long to Short on Ethereum with 5x Position appeared on BitcoinEthereumNews.com.
The popular Bitcoin ($BTC) whale, BitcoinOG(1011short) has recently made a shift in strategy. BitcoinOG (1011short) has closed a huge $44.15M long position and opened a new ETH $15.04M short. As per the data from the well-known on-chain analytics provider, Lookonchain, this development denotes a key switch amid the changing market conditions. The move takes place only a day after the respective whale reportedly locked in a staggering $782.5K in profit from a long position. The #BitcoinOG(1011short) has flipped from long to short, opening a 5x short on 5,000 $ETH($15.04M). Liquidation price: $5,056.5.https://t.co/VAUFcbt9NS pic.twitter.com/tm9XoIyuf1 — Lookonchain (@lookonchain) November 29, 2025 BitcoinOG(1011short) Closes $44M $ETH Long to Open Short with 5x Leverage As the on-chain statistics reveal, BitcoinOG(1011short) has shifted from long to short Ethereum ($ETH) positions. In this respect, following closing a $44.15M long $ETH position, the whale has opened a new $15.4M $ETH short. Additionally, the whale’s wallet address “0x3b3…283ae” currently holds several active positions across $ETHUSD, $UUSD, and $MOCEX. Specifically, the whale executed the $ETH short at a notable 5x leverage. Whale Shift highlights Ethereum’s Market Turbulence According to Lookonchain, the entry price of the latest $ETH short of BitcoinOG(1011short) accounts for an entry price of up to $3,001.81, while the current price stands at $3,059.36. As a result of this, the whale has witnessed $29,924.05 in unrealized loss apart from $38,27 in overall fees. However, whether the newly opened short backfires or pays off, it clearly points toward the pullback of seasoned whales amid Ethereum’s ($ETH) market turbulence. Source: https://blockchainreporter.net/bitcoin-whale-shifts-from-long-to-short-on-ethereum-with-5x-position/
Filed under: News - @ November 29, 2025 9:07 pm