On-chain data service provider Lookonchain has detected a large transfer: the account address "Bitcoin OG(1011short)" just dispersed 368,106 ETH to 5 new wallets. This transfer is approximately $1.08 billion USD.



This address is a true high roller — currently holding over $680 million USD worth of long positions in BTC, ETH, and SOL. What does such a large dispersed operation usually indicate? Someone is adjusting their positions, reducing risk concentration, or preparing for upcoming strategies.

For traders monitoring on-chain movements, such whale movements are always noteworthy signals — they may reflect large investors' short-term market outlooks or simply risk management actions. Regardless, the $1.08 billion USD ETH transfer scale is enough to stir some sensitive trading nerves.
BTC-0.32%
ETH-0.3%
SOL-0.9%
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UnruggableChadvip
· 18h ago
Oh my god, this guy is messing around again. $1.08 billion just like that, and I'm still carefully budgeting.
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DefiEngineerJackvip
· 20h ago
well, *actually* if you look at the on-chain mechanics here... spreading 368k eth across 5 wallets doesn't necessarily signal what everyone thinks it does. could just be operational security, tbh. show me the formal verification or it's just speculation.
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BearMarketHustlervip
· 12-20 03:58
It's this guy again. He says that ETH worth 1.08 billion dollars is decentralized and can be freely distributed. I have to be very careful with my own assets.
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ImaginaryWhalevip
· 12-17 14:37
$1.08 billion change hands, and I knew there was a story behind it.
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LiquidatedNotStirredvip
· 12-17 14:32
Once again, a whale is moving. Are they seriously planning to dump, or are they just relocating?
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StopLossMastervip
· 12-17 14:25
Another decentralized wallet again, what is this guy trying to do...
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airdrop_huntressvip
· 12-17 14:22
1.08 billion transfer transfer transfer, is this guy running away or laying out a plan?
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GasFeeSurvivorvip
· 12-17 14:20
Big whales are at it again. With 368K ETH so dispersed, are they worried about freezing or are they really planning to dump?
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SandwichTradervip
· 12-17 14:15
This guy is probably about to dump the market. Spreading out $1.08 billion like this, my goodness.
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