BTC OG insider whales have transferred over 100 million dollars worth of ETH from Coinbase to Binance in the past 5 days

According to analyst @eyeonchains, the BTC OG insider whale transferred 34,244 ETH (approximately $102.82 million) from Coinbase to its Binance deposit account in the past 5 days. The analyst believes this move indicates that the whale may currently hold leveraged trading positions on Binance.

Previously, the total floating profit of the BTC OG insider whale account expanded to $17 million. Its main position is a long position in ETH, which has turned profitable with a floating profit of $11.95 million (9%), an average price of $3,147, and a position size of approximately $650 million. It also holds long positions in BTC and SOL, both with floating profits, and the current total position size of the account is approximately $815 million, now ranking first in long positions for ETH, BTC, and SOL on Hyperliquid.