NewsBTC
Dec 31, 2025
30 0

Whale Opens $748 Million Longs on Bitcoin, Ether, and Solana

A high-net-worth crypto holder has initiated significant market activity, sparking debates on potential price movements.

Key Developments

  • An $11 billion Bitcoin whale sold assets and placed $748 million in leveraged long positions on Bitcoin, Ether, and Solana.
  • The largest position is $598 million on Ether at $3,147 with a liquidation point below $2,143.
  • The whale currently holds approximately $50 million in unrealized losses on these bets.

Crypto Market Activity

Market Sentiment

  • Whale addresses have recently increased spot Ether holdings by moving $5 billion from Bitcoin to Ether since August.
  • Nineteen wallets have accumulated 7.43 million spot ETH recently.

Market Data

Cautious Outlook

  • Despite purchases, high-performing traders have reduced bullish Ether positions by $6.5 million and hold net short positions of $121 million on ETH.
  • These traders also maintain short positions of $192 million on Bitcoin and $74 million on Solana, indicating expectations of further market weakness.

Market Performance

Market Outlook

The anticipated year-end rally for Bitcoin and Ether did not materialize due to low liquidity and reduced risk appetite. As the year ends, future support levels will be critical for recovery prospects.