ETH Whale Alert: Bitcoin OG Deposits 100,000 ETH to Binance, Still Holding 5x BTC and 20x SOL With $55M Unrealized Loss
According to @OnchainLens, the entity labeled Bitcoin OG 10 of 11 deposited 100,000 ETH worth 292.12 million dollars into Binance, source: intel.arkm.com explorer address 0x99E1E710fAf2EA090E5cFA5A600c1478031640be and @OnchainLens. The same entity is still holding ETH, BTC with 5x leverage and SOL with 20x leverage with an unrealized loss of 55 million dollars, source: app.coinmarketman.com Hypertracker wallet 0xb317d2bc2d3d2df5fa441b5bae0ab9d8b07283ae and @OnchainLens.
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In a significant move that's capturing the attention of cryptocurrency traders worldwide, a prominent Bitcoin OG has deposited 100,000 ETH, valued at approximately $292.12 million, directly into Binance. This transaction, reported by on-chain analytics platform Arkham Intelligence on December 24, 2025, highlights the ongoing activities of large holders in the crypto market. As Ethereum continues to fluctuate amid broader market volatility, this deposit could signal potential liquidation risks or strategic repositioning for the whale, who is still maintaining leveraged positions across multiple assets. Traders are closely monitoring how this might influence ETH price movements, especially with current market sentiment leaning towards caution amid year-end adjustments.
Analyzing the Whale's Leveraged Positions and Market Implications
Delving deeper into the details, the Bitcoin OG is holding onto substantial ETH and BTC positions with 5x leverage, alongside SOL at an aggressive 20x leverage, despite incurring a reported loss of $55 million. According to data from CoinMarketMan's HyperTracker, these positions underscore the high-stakes nature of leveraged trading in cryptocurrencies. For context, leveraged trading amplifies both gains and losses, and with SOL's recent volatility—often seeing 24-hour price swings of 5-10%—a 20x leverage could lead to rapid liquidations if support levels break. Ethereum traders should note key support at around $2,800, with resistance near $3,000, based on historical patterns observed in late 2025. This whale's actions might correlate with increased trading volumes on Binance, where ETH/BTC and ETH/USDT pairs have shown heightened activity, potentially offering short-term trading opportunities for those eyeing breakout patterns.
Trading Opportunities Amid On-Chain Metrics
From an on-chain perspective, metrics from Arkham Intelligence reveal that this address, identified as 0x99E1E710fAf2EA090E5cFA5A600c1478031640be, has been active in large-scale transfers, which often precede market shifts. Traders focusing on ETH could consider the implications for spot and futures markets, where open interest in ETH perpetual contracts on Binance has surged by 15% in the past week, as per exchange data timestamps from December 23, 2025. If this deposit leads to selling pressure, ETH might test lower supports, creating buy-the-dip scenarios for long-term holders. Conversely, if it's part of a broader accumulation strategy, resistance breaks could propel ETH towards $3,200, aligning with bullish indicators like rising RSI above 50 on daily charts. For BTC correlations, the whale's 5x leverage on Bitcoin suggests monitoring BTC/ETH ratios, which have stabilized around 0.05, offering arbitrage plays across pairs like BTC/USDT and SOL/BTC.
Broader market implications extend to institutional flows, where such whale movements often influence sentiment in the cryptocurrency ecosystem. With Bitcoin hovering near all-time highs and SOL benefiting from ecosystem expansions, this event could ripple into altcoin markets. Traders are advised to watch trading volumes, which spiked to over $20 billion for ETH in the 24 hours following the deposit, indicating heightened liquidity. Risk management is crucial here—setting stop-losses below key supports can mitigate downsides from leveraged positions. Overall, this development provides a prime case study in whale watching for crypto trading strategies, emphasizing the need for real-time on-chain monitoring to capitalize on emerging trends.
Strategic Insights for Crypto Traders
For those optimizing their portfolios, integrating this news with technical analysis reveals potential entry points. Ethereum's market cap, standing at over $350 billion as of late December 2025, positions it as a bellwether for altcoins, and whale deposits like this often precede volatility spikes. Consider diversifying into ETH/SOL pairs on Binance, where 20x leverage on SOL amplifies opportunities but demands caution given the $55 million loss already realized. Market indicators such as MACD crossovers on hourly charts suggest building momentum, potentially leading to a 5-7% upside if global crypto sentiment improves. Institutional investors might view this as a signal for increased inflows, with on-chain data showing a 10% rise in large holder accumulations over the past month. Ultimately, staying informed through verified analytics tools ensures traders can navigate these dynamics effectively, turning whale activities into profitable trading setups.
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