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$ETH Bitcoin OG Fires Again: Drops $10M USDC, Opens Massive ETH Long
The legendary Bitcoin OG (10/11) has just deposited another $10,000,000 USDC into HyperLiquid, signaling yet another high-conviction move. Immediately after the deposit, the trader opened a huge 5x ETH long, scaling into one of the largest positions on the platform.
The new position clocks in at 15,000 ETH, entered at $2,946, with a liquidation level sitting at $2,326.53. At current pricing, the position is valued at a staggering $44.3M, putting heavy pressure on upside continuation.
This wallet is known for bold, perfectly-timed plays — and this fresh 8-figure deposit suggests confidence is still running hot.
Is this OG positioning early for a major ETH breakout, or betting into volatility once again?
Follow Wendy for more latest updates
#eth