SpotOnChain | Announcement

Amid recent market volatility, some major players are letting go of their $BTC and $ETH 👇 🔶Owen Gunden, a #Bitcoin OG holding over 10,000 $BTC, deposited 395.8 $BTC ($43.7M) into #Kraken ~8 hours ago. ➡️ Over the last 9 days, he’s offloaded 2,587 $BTC ($289M) at an average price of $111,546—leaving 7,150 $BTC ($793M) in his wallet! 🔹 Meanwhile, Whale “0x550” just sent all 10,000 $ETH ($39.1M) into #Binance ~2 hours ago. ➡️ Estimated loss: -$7.52M (-16%) after holding for 2 months. Let’s follow @spotonchain for more on-chain updates on #Bitcoin and #Ethereum! https://x.com/spotonchain/status/1983817524249759817

Two fresh whales accumulated 1,465 $BTC ($162.4M) from exchanges in the past 6 hours! 1️⃣ Whale "bc1q0" withdrew 1,000 $BTC ($110.7M) from #Binance at $110,650 on average. 2️⃣ Whale "bc1qx" withdrew 465 $BTC ($51.7M) from #FalconX at $111,204 on average. Follow @spotonchain for more updates on #Bitcoin! https://x.com/spotonchain/status/1978772090129121353

💰 The #Bitcoin OG is currently sitting on another $22.6M unrealized profit from its $BTC short (10x). • Size: 4,394.74 $BTC ($484M) • Entry: $115,288.40 • Liquidation: $124,264.31 • Last added: 7 hours ago Meanwhile, 2 hours ago, the #USGovernment moved 667.62 $BTC ($74.8M) from seized Potapenko/ Turogin funds into a new wallet. No further movement yet, but $BTC has dropped by $1,420 since. Follow @spotonchain for more updates now! https://x.com/spotonchain/status/1978053536865988992

🔥 The #Bitcoin OG is back to shorting $BTC (10x), despite the recent market rebound. 🔶 Current short: 1,423.42 $BTC ($161M) • Liquidation price: $123,497.41 • Current profit: +$5.79M Just a day ago, this whale shorted both $BTC and $ETH right before the market crash, netting over $180M in profit. 💰 Is this whale making the right move again? Follow @spotonchain for the latest updates! https://x.com/spotonchain/status/1977406963375120490

⚠️ The major #Bitcoin OG has used $110M from its $BTC sales to short $BTC and $ETH on #Hyperliquid (Total positions: $1.17B; floating profit: +$26.9M) 🔶 10x short on 6,189 $BTC ($738.3M) • Liquidation price: $130,810 • Current profit: +$9.87M 🔹 12x short on 91,037 $ETH ($379.4M) • Liquidation price: $4,545.3 • Current profit: +$17.1M The whale's moves were well-timed for the recent market decline. Will it expand its positions? Follow @spotonchain for more updates. https://x.com/spotonchain/status/1976675045918556537

🚨 A major #Bitcoin OG just returned after a 3-week break, selling 3,000 $BTC for $363.9M $USDC at an average price of $121,291 via #HyperLiquid in the past 9 hours. The whale now holds 46,765 $BTC (~$5.73B) across 11 wallets. Notably, it offloaded over 30,000 $BTC between Aug 20 and Sep 16, when $BTC was around $112K, to buy and long $ETH. Will the whale buy #Ethereum again this time? Follow @spotonchain for more updates! https://x.com/spotonchain/status/1975872850444857537

🔴[UPDATE] The #Bitcoin OG has taken profits on part of his $ETH long position and is now stacking more $ETH on the spot! 🔹 Closed $ETH long positions across 2 wallets, locking in a $37.17M profit. 🔹 Spent $105.8M to acquire 23,575 $ETH spot at $4,489. 🔹 Still maintains $ETH long positions in 3 wallets, totaling 40,212 $ETH ($184.3M), with an unrealized profit of $10.5M. 🔹 Also holds 65,461 $BTC ($7.29B) and continues selling more $BTC (last BTC deposit to #Hyperliquid was only 15 mins ago). Follow @spotonchain for more updates now! https://x.com/spotonchain/status/1959912317623111956

🚨Major Shift in Whale Strategy! Two OG #Bitcoin whales — who collectively acquired 100,784 $BTC (then $640M) 7 years ago — are now shifting gears to go long on $ETH by selling off massive amounts of $BTC! Here’s the breakdown from the last 2 days: 🔹 Sold 4,621.9 $BTC (~$523.5M) at $113,265 via 3 wallets. 🔹 Bought and then store 82,398 $ETH (~$353.65M) at $4,292 across 2 wallets. 🔹 Opened a massive 135,265 $ETH (now $583.7M) long position on #Hyperliquid across 5 wallets, with liquidation prices mostly ranging from $3,487.4 to $3,612. 🔹 Still hold 84,645 $BTC ($9.55B) across 7 wallets. ⚠️ The $BTC sales and $ETH buys are still ongoing. This is a trend worth watching with @spotonchain! https://x.com/spotonchain/status/1958862278406848835

Metaplanet (@Metaplanet_JP) has just purchased another 463 $BTC ($54M) at $116,773. #Metaplanet now holds 17,595 $BTC ($2.02B), with an average buying price of $100,440, making them one of the top 10 public companies holding the most #Bitcoin. Follow @spotonchain for more updates! https://x.com/spotonchain/status/1952298958942089217

Five ancient #Bitcoin miner wallets just moved 250 $BTC (~$29.6M) to two new addresses after 15.3 years of dormancy. Each wallet earned 50 $BTC from mining in late April 2010, using early desktop hardware. It seems like more diamond hands are making moves recently! Follow @spotonchain for more updates. https://x.com/spotonchain/status/1950831939222741220

Tether (@Tether_to) just minted 1B $USDT on Tron. Over the past 25 days, #Tether has minted a total of 8B $USDT on both #Tron ($2B) and #Ethereum ($6B). The price of #Bitcoin $BTC soared as much as 16.5% during this period, from a low of $105,430 to a new all-time high of $122,780. Follow @spotonchain for more updates now! https://x.com/spotonchain/status/1949753457587662850

🚨 Is a BIG #BITCOIN SELL-OFF taking place? Over the past 9 hours, #GalaxyDigital deposited 11,910 $BTC ($1.39B) to multiple exchanges. These BTCs likely originated from the Bitcoin OG that offloaded 80,202 $BTC ($9.54B) at an average of $118,950 between July 15–18. Notably, on July 15, Galaxy Digital had already sent 2,000 $BTC ($236M) directly to #Bybit and #Binance. The price of $BTC dropped ~2% in 24H. Follow @spotonchain and track the sell-off at https://x.com/spotonchain/status/1948616924004581614