One of the #الكريبتو whales, who owns $11 billion and correctly predicted the $19 billion market crash in October, is now betting on the rising prices of major cryptocurrencies, possibly indicating a market recovery.
After earning $330 million from selling Ether (ETH) at $2,981, the whale opened three leveraged buy positions totaling $748 million, betting on Bitcoin rising to $87,910, as well as Ethereum and Solana at $124.11.
The largest of these positions is a $598 million buy position for Ethereum, opened at a price of $3,147, which faces liquidation if the price drops below $2,143, according to blockchain data platform Lookonchain.
The whale appeared in August and began transferring around $5 billion from Bitcoin to Ethereum, briefly surpassing the second-largest institutional treasury in terms of total Ether holdings.
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#حوت.الكريبتو The one who predicted a market crash in October is betting on the rise of #البيتكوين and #الإيثريوم and #سولانا
One of the #الكريبتو whales, who owns $11 billion and correctly predicted the $19 billion market crash in October, is now betting on the rising prices of major cryptocurrencies, possibly indicating a market recovery.
After earning $330 million from selling Ether (ETH) at $2,981, the whale opened three leveraged buy positions totaling $748 million, betting on Bitcoin rising to $87,910, as well as Ethereum and Solana at $124.11.
The largest of these positions is a $598 million buy position for Ethereum, opened at a price of $3,147, which faces liquidation if the price drops below $2,143, according to blockchain data platform Lookonchain.
The whale appeared in August and began transferring around $5 billion from Bitcoin to Ethereum, briefly surpassing the second-largest institutional treasury in terms of total Ether holdings.
$SOL
$BTC
$ETH