Agent of ‘BTC OG Insider Whale’: U.S. Stock Chain Migration Trend Benefits Nasdaq and Ethereum

2025-12-262025-12-24 by admin

BlockBeats News, December 24, Garrett Jin, agent of the “BTC OG Insider Whale,” stated that going long on Nasdaq and shorting Coinbase has consistently been an effective strategy. This divergence indicates that the U.S. stock market is migrating on-chain, which is bullish for Nasdaq but bearish for high-frequency trading-focused participants like Citadel and Robinhood, as profits are being redistributed.

Of course, this trend is also extremely bullish for Ethereum (ETH). Charlie Munger once said, “When people are fearful, wisdom tends to be evenly distributed; what truly determines the outcome is courage and patience.”

PANews reported on December 31 that Tom Lee, co-founder of Fundstrat and chairman of BitMine, wrote on the X platform: "Typically, during these last holiday trading sessions, many institutional investors exit the market, and algorithmic trading programs and bot trading programs begin to dominate the market, along with sell-offs for tax avoidance. These constitute the market dynamics in the last few days of December." Previously, in BitMine's announcement of acquiring 44,463 ETH last week, Tom Lee mentioned that market activity tends to slow down as the year enters its final weeks of holiday season. Year-end tax-avoidance selling depresses cryptocurrency and cryptocurrency-related stock prices, with this effect typically most pronounced between December 26th and December 30th; therefore, they are adjusting their market strategy accordingly. Earlier today, it was reported that Bitmine pledged another 118,944 ETH and increased its holdings by 32,938 ETH .