Whale Invested $748 M in Bitcoin, Ethereum, and Solana
An investor with assets worth $11 B opened long positions on the three leading cryptocurrencies, according to Lookonchain. In October, this player correctly predicted the market crash.
/
/
ForkLog
Whale Invested $748 M in Bitcoin, Ethereum, and Solana
Dec 30, 2025, 17:00 GMT+2Reading time: 2 minutes
ETHUSDT
+2.33%
BTCUSDT
+0.48%
An investor with assets worth $11 B opened long positions on the three leading cryptocurrencies, according to Lookonchain. In October, this player correctly predicted the market crash.
The total amount of longs is estimated at $749 M. The largest position is in Ethereum — $598 M at a price of around $3147. The liquidation level is at $2143.
For the rise of Bitcoin to $91 506, the whale invested $87.2 million, and for Solana’s rally to $130.1, $63.2 million.
The investor’s unrealized loss is approximately $49 M.
Analysts first noticed this participant in August when he sold Bitcoin for $2.59 billion and bought Ethereum worth $2.2 billion on spot. Later, the whale opened a long position on the largest altcoin, betting on its growth of $577 M.
A few days before the market crash on October 10-11, the player opened several short positions on the two main cryptocurrencies.
Other major players are also accumulating the second-largest cryptocurrency by market cap. According to analyst Milk Road, since December 26, Ethereum holders have increased their balances by 120,000 ETH (M.
“Addresses holding over 1000 ETH now control about 70% of the supply, and this share has been growing since late 2024,” the expert noted.
According to Nansen, last week whales accelerated their altcoin purchases by more than one and a half times. A total of 19 wallets bought coins worth $7.43 million.
Garett Jin, the former CEO of the now-defunct BitForex exchange, believes that Bitcoin and Ethereum will soon receive a massive influx of capital. He attributes this to the end of the rally in the precious metals market.
“The short squeeze in the metals sector has ended, as expected. Capital is starting to flow into cryptocurrencies,” he wrote.
Meanwhile, the most profitable traders on Hyperliquid continue to bet on the decline of the two largest digital assets. The total volume of open shorts on Ethereum is estimated by Nansen analysts at $350 M, and on Bitcoin — )M.
According to CoinGecko, at the time of writing, digital gold is trading around $121 900, and the leading altcoin — around $2900.
Recall that in December, the volume of leveraged positions increased by $2.4 billion, despite a 40% decrease in trading activity.