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Bitcoin OG Whale's Long ETH Position Unrealized Gain Tops $40 Million

By: theblockbeats.news|2025/08/22 15:12:23

BlockBeats News, August 22, according to LookIntoChain monitoring, as the ETH price broke through $4600, a Bitcoin OG whale's unrealized gains from longing ETH have exceeded $40 million. It is reported that the whale holds a position of up to 135,265 ETH, valued at $5.77 billion.

Analysis: Powell's Speech Suggests High Likelihood of Continuous Rate Cuts Starting in September

Tom Lee referenced his "TGIF rally" call, citing Powell's comments were read as 'dovish,' bullish for crypto.