Key Takeaways
- A Bitcoin OG transferred 5,152 BTC value $445 million to Binance.
- Giant Bitcoin deposits to exchanges typically sign potential upcoming promoting exercise.
An early Bitcoin investor, generally often known as Bitcoin OG “1011short,” moved 5,152 BTC value roughly $445 million to Binance on Thursday, in accordance with information from Arkham Intelligence.
The #BitcoinOG(1011short) with an enormous $695M lengthy place in $BTC, $ETH, and $SOL, simply deposited 5,152 $BTC($444.73M) to #Binance 6 hours in the past.https://t.co/jdPoh89d01 pic.twitter.com/LUETLrVjuR
— Lookonchain (@lookonchain) December 19, 2025
The dealer boosted his Ethereum lengthy positions this morning and was reportedly holding 203,341 ETH, 1,000 BTC, and 250,000 Solana forward of the US market open. The overall place was valued at round $695 million on the time.
Crypto markets briefly rallied as US inflation cooled in November, pushing Bitcoin above $89,000 and Ethereum close to $3,000, with different property additionally posting sturdy positive aspects.
Nonetheless, the rally shortly misplaced momentum as merchants turned cautious. Bitcoin was buying and selling at round $85,166 at press time, per CoinGecko.
The sell-off has erased greater than $100 million from the crypto market up to now ten hours. The overall market capitalization has dropped under $3 trillion.
