Big Showdown in Bitcoin and Altcoins! Whales Opened Both Long and Short Positions Simultaneously! Here Are the Altcoins They Traded…
In the cryptocurrency market, the actions of major players have been making headlines lately, as much as price movements.
Bitcoin fell to $82,000 due to activity in US wallets and rising oil prices. This situation also affected altcoins, and the volatility reshaped investors’ risk appetite. Transfers made by whale wallets also attracted attention.
According to Lookonchain, a cryptocurrency analytics platform, Ethereum OG pinosaur.eth, which purchased $ETH for as low as 50, unstakes all of its 9,618 $ETH today and deposits it into Kraken.
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Jiang Zhuoer, of Chinese origin and founder of the $BTC.top mining pool, stated in a post on his X account that he has repurchased 75% of his previous Bitcoin holdings. He indicated that he expects a short-term recovery in $BTC as the market stabilizes without further declines and buying demand increases. Jiang had previously sold $BTC at $86,789 and $84,460.
According to the data, an anonymous whale wallet opened a short position in Bitcoin. Specifically, this whale opened a short position of 400 $BTC using 40x leverage. The value of the position is $33.13 million, with an entry price of $83,171 and a liquidation price of $86,042.
According to Galaxy Research, 100.02 $BTC, worth $8.55 million, was transferred from a Bitcoin address that had been inactive for over 16 years. These $BTC had not been moved for approximately 16.2 years since they were first acquired on July 30, 2010.
According to Lookonchain’s report, an altcoin whale opened simultaneous short positions in Bitcoin, Ethereum, Solana, $XRP, and Dogecoin on the Aster DEX using 20x leverage.
It was stated that all positions are currently profitable, with a total position value of approximately $26.5 million and unrealized profit of approximately $586,000.
“Positions:
3,629 $ETH ($9.33M) — $163,000 increase
73,728 SOL ($8.52M) — $141,000 increase
48.37M DOGE ($4.24M) — $224,000 increase
1.68M $XRP ($2.37M) — $53,000 increase
24 $BTC ($1.99M) — $5.6,000 increase”
According to Lookonchain, well-known cryptocurrency investor AguilaTrades, who has been liquidated 33 times to date and lost a total of $37.64 million, has returned after a period of inactivity lasting more than 6 months.
At this point, the trader deposited 499,000 USDC into Hyperliquid and opened a 40x long position on 200 $BTC. The liquidation price was reported to be $81,466.75.
*This is not investment advice.