BTC OG Whale Lifts ETH 5× Long to $540 Million; Total Longs Exceed $620 Million

A BTC OG whale lifted its ETH 5× leveraged long position to $540 million on Dec. 13, while combined BTC, ETH and SOL leveraged longs are valued at over $620 million, HyperInsight data show. The ETH position uses 5× leverage and is marked at $540 million, with pending limit long orders indicating an additional $17 million intended between $3,030 and $3,051.8; the current entry price stands at $3,173.36 with a floating loss of $20 million. The BTC 5× leveraged long is valued at $90 million, opened at $91,506.7 and showing an unrealized loss of $2 million, while the SOL 5× leveraged long stands at $34 million with a $137.5 entry and a $1.5 million unrealized loss.