Bitcoin OG Deposits $332 Million Worth of ETH on Binance as Whale Bets Big on 2025 Bull Run

• Who Is BitcoinOG and Why Does This Matter?
• The $749 Million Long Position Breakdown
• Whale Watching: Accumulation at $80K-$90K BTC
• Market Impact and Historical Parallels
• Price Action: Where Do We Stand Now?
• FAQ: Your Bitcoin Whale Questions Answered

A legendary Bitcoin whale, known as "BitcoinOG," has made headlines again by depositing 112,894 ETH (worth $332 million) on Binance. This follows a similar $292 million ETH deposit just days earlier. The whale now holds $749 million in Leveraged long positions across BTC, ETH, and SOL, signaling bullish confidence for 2025. Meanwhile, other Bitcoin whales are accumulating at the $80K-$90K price range, creating a fascinating divergence between retail sellers and institutional buyers. Let’s dive into the data.

Who Is BitcoinOG and Why Does This Matter?

BitcoinOG isn’t your average crypto trader. This entity first gained notoriety in August 2025 when it moved $11 billion in Bitcoin, later opening $900 million in short positions. According to Lookonchain data, the whale accurately predicted October’s market crash, which saw BTC briefly dip below $100,000. Now, they’re making an equally bold bet on the upside.

What’s fascinating is the scale and timing. Between Christmas and New Year’s, BitcoinOG has deposited over $600 million in ETH alone. As one BTCC analyst noted, "When whales MOVE this much liquidity during holiday illiquidity, they’re either desperate or see something others don’t. Given their track record, I’d bet on the latter."

The $749 Million Long Position Breakdown

On-chain data reveals an aggressive positioning strategy:

Currently, these positions show $48 million in unrealized losses—a temporary setback the whale seems willing to stomach. The ETH position alone accounts for nearly 80% of their portfolio, suggesting extraordinary conviction in Ethereum’s near-term prospects.

Whale Watching: Accumulation at $80K-$90K BTC

Glassnode’s Accumulation Trend Score (hovering NEAR 1) confirms whales are buying this dip aggressively. Addresses holding 1,000-10,000 BTC have been net accumulators since prices entered the $80K-$90K range—a striking contrast to retail investors who’ve been selling.

This mirrors April 2025’s pattern when BTC bottomed at $76K before rallying 65% to $126K by October. As TradingView charts show, the current consolidation looks eerily similar to that pre-breakout structure.

Market Impact and Historical Parallels

BitcoinOG’s August 2025 maneuvers triggered a cascade of on-chain activity, including:

• A $5 billion BTC-to-ETH swap
• $577 million perpetual ETH long position
• Retail traders following suit with $456 million in ETH buys

The whale briefly surpassed SharpLink’s $2.57 billion ETH holdings during this frenzy. Among institutional ETH holders, Bitmine dominates with 4.07 million ETH ($12.12 billion)—about 3.36% of total supply.

Price Action: Where Do We Stand Now?

As of December 30, 2025:

• BTC: $87,812 (0.1% 24h change)
• ETH: $2,973
• Market Caps: $1.75T (BTC), $357B (ETH)

The muted volatility suggests accumulation phases in both assets. With BitcoinOG’s billion-dollar bet and other whales joining the fray, 2025’s final hours could set the stage for an explosive Q1 2026.

FAQ: Your Bitcoin Whale Questions Answered

How reliable are whale movements as indicators?

While not infallible, whales like BitcoinOG have demonstrated remarkable timing. Their August shorts and current longs both preceded major moves.

Why is ETH getting more whale attention than BTC?

Ethereum’s lower liquidity allows larger relative impact. Plus, with ETH’s price nearly 3x off its 2025 lows versus BTC’s 1.65x, some whales see more upside potential.

Should retail investors follow whale trades?

This article does not constitute investment advice. Whale strategies often involve leverage and risk management most retail traders lack.