Bitcoin (BTC) Dominates On-Chain Whale Activity; ETH Longs Persist and BTC Take-Profit Target at $76,200

COINOTAG News, December 24, via Coinbob’s Popular Address Monitoring, reports the BTC OG Insider Whale remains net long on ETH with no recent adjustments, while the Ultimate Short has set a take-profit around $76,200.

pension-usdt.eth holds a 3x ETH long position, about $89.08 million, with an average entry of $2,967, a liquidation threshold of $1,662, and unrealized gains near $75,000; it sold 17% at the local high and rebought at the low, adding roughly $15 million to exposure.

BTC OG Insider Whale added ETH and SOL long on the 18th; since then, no material adjustments. The account carries an overall unrealized loss of about $44.20 million, with the ETH long around $603 million at a $3,147 average. It also holds BTC and SOL long exposures, totaling about $728 million, with $2.49 million in funding fees; it ranks first in ETH long positions on Hyperliquid.

Ultimate Short continues to realize BTC short profits, closing about $4.35 million for roughly $1.17 million yesterday. The current BTC short stands near $43.81 million, with $12.02 million unrealized (548%); take-profit orders sit between $67,200 and $76,200.