Dec 11, 2025
8 0
BitcoinOG Expands Ethereum Position to $280M Amid Market Caution
Ethereum Market Update
- Ethereum has surpassed the $3,300 level, reaching towards $3,400, suggesting a potential shift in short-term momentum. However, analysts indicate that the broader trend remains bearish.
- Notably, a whale known as BitcoinOG has significantly increased his Ethereum long position, now holding 85,001 ETH valued at approximately $280 million, with over $16 million in unrealized profits.
- This move occurs amid market caution and raises questions about whether smart money is anticipating a larger upside, despite skeptical broader sentiment.
Whale Positioning and FOMC Impact
- The Federal Reserve's upcoming decision on interest rates could impact liquidity and risk appetite, influencing Ethereum's price movement.
- A rate cut may boost optimism by weakening the US dollar, while a hawkish stance could lead to a sell-the-news reaction, especially near resistance levels.
ETH Technical Analysis
- Ethereum's recent bullish move above $3,300 is supported by rising volume and a reclaim of the 50 EMA and 100 EMA.
- The 200 EMA has been tested, showing potential weakening of bearish momentum.
- ETH faces critical resistance around $3,380–$3,420. Successful support above $3,320 could pave the way to $3,500. A rejection might lead to a pullback toward $3,200–$3,250.
