Bitcoin OG Expands ETH Long Positions to $570 Million
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LookOnChain reports that Bitcoin OG (ultra-long-term holder, 1011short) is expanding its ETH long position. Bitcoin OG just purchased an additional 12,406 ETH, bringing its total long position to 203,341 ETH (USD 577 million), a five-fold increase. The entry price was $3,147.39, and the liquidation price was $2,132.82. Currently, the company is recording an unrealized loss of $1.39 million.
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