Bullish Trader Earns 9 Million By Longing 22 Coins
By: bitcoin ethereum news|2025/05/03 21:15:02
0
Share
A crypto whale has recently made a notable profit on crypto long positions. As per the data from Lookonchain, the crypto whale went long on Bitcoin ($BTC), Solana ($SOL), Ethereum ($ETH), Chainlink ($LINK), Ripple ($XRP), Litecoin ($LTC), and sixteen other crypto tokens, getting $9M in profits. The on-chain analytics platform revealed this development in a recent X post. A whale has been long $BTC , $ETH , $SOL , $LTC , $XRP , $LINK and other 16 tokens in the past month, with a total profit of more than $9M. Additionally, this whale bought 309 $BTC ($24.68M) at an average price of $79,792, currently sitting on unrealized profits of more than $5M.... pic.twitter.com/LVwmdlmUhf — Lookonchain (@lookonchain) May 3, 2025 Whale Pockets M in Long Positions in $BTC, $SOL, and 20 Other Crypto Coins Lookonchain’s statistics demonstrate the whale’s bullish sentiment for digital assets. By opening long positions in a wide range of crypto assets, including Bitcoin ($BTC), Solana ($SOL), and Ethereum ($ETH), the whale has reportedly pocketed up to $9M. This massive whale activity shows comprehensive leverage strategies and thorough market understanding. The market data reveals that the whale now accounts for a cumulative portfolio value of $13.57M. Additionally, this also comprises $3.57M withdrawable amount apart from a 3.52x leverage, paving the way for a cumulative $47.74M in position value. Simultaneously, the whale’s total perpetual equity of $13.57M has a 34.34% margin usage. Additionally, the whale’s 100% long exposure is another bullish sign. Specifically, among the whale’s notable long positions, Bitcoin ($BTC) accounts for 78 $BTC, equaling $6.82M. This position reportedly accounts for an unrealized profit of 466.73% at $1.27M. Similarly, the whale’s long $ETH position has a value of $9.12M (equivalent to 5,000 $ETH) with a $1.54M in unrealized profit. Whale’s Massive Long Positions Highlight Potential for Continuous Accumulation Spree According to Lookonchain, the noteworthy long positions of the whale signal a substantial confidence in the current crypto bull market. Particularly, the whale’s long positions in $BTC, $SOL, and $ETH display an enormous interest. However, whether the whale will further carry on this accumulation trend or shift toward profit-taking remains to be seen. Umair Younas is a cryptocurrency-related content writer linked with this work since 2019. Here, at Blockchainreporter, he serves as a news and article writer. He is a crypto, blockchain, NFTs, DeFi, and FinTech enthusiast. He has strong command over writing authentic reviews about brokers and exchanges and he has collaborated with our education team to write educational content as well. He has a dream to raise awareness among people about digital currencies. His works are well-researched and brimmed with information hence they provide fresh insights. Stay tuned to his posts if you want to stay up-to-date with the crypto-verse. Source: https://blockchainreporter.net/wallets/bullish-trader-earns-9-million-by-longing-22-coins/
You may also like
Bank of Korea defends bank-first stablecoin plan amid bill deadlock
JPMorgan says bitcoin's main risk isn't Strategy, but blockchain adoption that doesn't benefit public chains and tokens
Fear & Greed Index Today: What Extreme Fear Means for Crypto, Stocks and Gold
The Crypto Fear & Greed Index has fallen to Extreme Fear as Tesla, Intel and the Nasdaq declined. See what it means for traders and explore stocks, crude oil and gold in the WEEX TradFi Trading Challenge.
Labour MPs Push to Make UK Crypto Donation Ban Permanent
Supreme Court ruling expanding Trump's authority over federal agencies raises questions for SEC, CFTC as crypto rulemaking advances
'Bottom building in progress': Analysts say bitcoin holder capitulation signals late-stage bear market
A Comprehensive Analysis: Starting from 1996, Who is Laying the Foundation for the Next Generation of Capital Markets
Luke Dashjr, the Biggest Anti-Spammer of Bitcoin, Inscribed Phrases on the Network in 2011
Whales bought 270,000 BTC while ETFs bled $7 billion. One side is wrong
The crypto IPO class of 2025-26 is down as much as 89%. Autopsy of a listing boom
Robinhood Chain Mining Guide: A Comprehensive Tutorial from Cross-Chain to Memecoin
BitGo CEO says single-digit percentages of bitcoin's supply are 'probably right' for large holders amid Strategy's sale
Beyond Private Keys: How to Safeguard the Security Boundaries of Web3 from Wallets, L2 to Supply Chains?
Vanguard Enters the Market, Opening a New Crypto Gateway for 50 Million Traditional Investors
Why the OUSD Alliance of 150 Companies Still Cannot Shake USDT and USDC?
Citigroup Analysis: Is There Still 47% Upside for Nvidia? Can Rubin and CPO Deliver?
WEEX API Fast Connect: Turn Every Sign-In Into a Live Trader in Under 10 Seconds
WEEX API Fast Connect is a one-click OAuth authorization system that lets your users link their WEEX account without ever touching an API key. Frictionless onboarding, faster conversions, higher retention — built for WEEX Broker partners.
Bitcoin's dwindling exchange reserves don't pack the same bullish punch anymore
Bank of Korea defends bank-first stablecoin plan amid bill deadlock
JPMorgan says bitcoin's main risk isn't Strategy, but blockchain adoption that doesn't benefit public chains and tokens
Fear & Greed Index Today: What Extreme Fear Means for Crypto, Stocks and Gold
The Crypto Fear & Greed Index has fallen to Extreme Fear as Tesla, Intel and the Nasdaq declined. See what it means for traders and explore stocks, crude oil and gold in the WEEX TradFi Trading Challenge.
Labour MPs Push to Make UK Crypto Donation Ban Permanent
Supreme Court ruling expanding Trump's authority over federal agencies raises questions for SEC, CFTC as crypto rulemaking advances
'Bottom building in progress': Analysts say bitcoin holder capitulation signals late-stage bear market
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:[email protected]
VIP Program:[email protected]




