Bitcoin OG Unstakes 270,959 ETH in Strategic Move

2025-12-17 23:35

A prominent Bitcoin OG, identified as '1011short', has unstaked 270,959 ETH, marking one of the largest on-chain activities in recent Ethereum history. On-chain analytics platforms Arkham and Onchain-Lenz tracked a total transfer of 614,468 ETH across nine wallets, indicating a significant strategic maneuver. The ETH was moved to custody wallets rather than exchanges, suggesting a focus on asset reorganization rather than an immediate sell-off. This aligns with principles of value investing in the crypto space, highlighting a potential long-term strategy rather than short-term liquidation.

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