Bitcoin OG holds over $500M in leveraged ETH, BTC, SOL positions

A long-term Bitcoin holder identified as 1011short has expanded their leveraged positions to a total value of over $500 million, according to Lookonchain. The investor's holdings include a 5x long position in ETH valued at approximately $491 million with an average entry price of $3,184.74, a 5x long position in BTC worth around $92.58 million with an entry price of $92,586, and a 20x long position in SOL valued at $29.75 million with an entry price of $137.34.