ETH Breaks $4,600 — Bitcoin OG Whale’s 135,265-ETH Position Worth $5.77B as Unrealized Gains Top $40M

COINOTAG News, August 22 — per LookIntoChain on‑chain monitoring, the ETH price breached $4,600, prompting closer analysis of large holders’ positions.

Data shows a Bitcoin OG whale with a long ETH exposure registering >$40 million in unrealized gains, holding approximately 135,265 ETH, with a notional value near $5.77 billion at current market levels.

These verified on‑chain metrics underscore concentration and liquidity considerations for market participants; portfolio managers should factor position sizing and unrealized P&L into risk management and execution strategies.

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