Bitcoin OG Bets Big: Opens 5x ETH Long Position

Financal Services
Author

author: CryptoNews

date: November 24, 2025

1 min. read

## Bitcoin OG Returns to Crypto Trading A well-known Bitcoin OG, tracked by Lookonchain, has re-entered the crypto market with a significant move. Early this morning, the OG deposited 10 million USDC into the Hyperliquid platform. ## Aggressive ETH Long Position Signifies Bullish Sentiment Following the deposit, the Bitcoin OG initiated a 44.15 million USD long position on Ethereum (ETH) using 5x leverage. This bold move suggests a strong bullish outlook on ETH's future performance. ## Previous ETH Trade Yielded Substantial Profit Interestingly, this same address recently closed out a massive long position of 55,133 ETH on November 11th, securing a profit of 2.8 million USD. The return to the market with another leveraged ETH position indicates confidence in continued upward momentum. ```