Crypto Whale’s $338M BTC & ETH Longs Yield $17M Unrealized Profit
Since Oct 14, a crypto whale has placed 12 large long positions on Hyperliquid, building total exposure of $338M in BTC and ETH longs. The whale holds 1,482.9 BTC longs at an average entry of $110,680 and 40,043.81 ETH longs at $3,929.76, achieving a perfect 100% win rate. Its unrealized profit has climbed to over $17M, highlighting renewed bullish sentiment. Traders may view these substantial leveraged bets as a signal for potential short-term upside in Bitcoin and Ethereum and should watch on-chain whale flows and liquidity shifts.
Bullish
The crypto whale’s large-scale accumulation and perfect win rate underscore strong confidence in Bitcoin and Ethereum. Such significant leveraged positions often precede short-term price rallies, as whale movements can trigger momentum-driven trading. In the longer term, sustained whale buying may support price floors and encourage broader market optimism. Overall, this development points to a bullish outlook for BTC and ETH.