Whales Reinforce Bets on Multiple Cryptocurrencies: ETH, SOL, XRP, and BTC

Significant whale movements have been recorded in the crypto market, with the analysis platform BlockBeats documenting a strategic accumulation of long positions in four major digital assets. An influential whale known as ‘Strategic Counterparty’ intensified its speculative purchases in a portfolio with a combined exposure of approximately $83 million.

Accumulation Strategy: Where Are the Whales Betting

The distribution of positions reveals a clear preference for Ethereum, where the whale holds the largest amount of allocated capital. With the asset currently at $2,090, the ETH position totals $52 million, established at a much higher price level ($2,270). This accounts for over 60% of the total long positions, indicating a significant bet on the leading smart contract blockchain.

Capital Distribution by Digital Asset

Movements in SOL, XRP, and BTC complement the whale’s diversified strategy. Solana has $15.52 million in open positions originally acquired at $99.28, while Ripple accumulates $11.65 million in XRP purchased at $1.59 each. Bitcoin, despite a smaller relative allocation, still represents $4.41 million in long exposure established at a price of $76,345.

The current market price shows movement in all assets since these positions were opened: Bitcoin is now trading around $69,770, Solana at $87.29, and XRP at $1.47. These adjustments reflect the volatile dynamics of crypto markets and the importance of timing in large players’ operations.

The Significance of Whale Movements in the Market

This coordinated accumulation by whales across multiple major assets often signals institutional confidence in the recovery or growth of these markets. The focus on Ethereum suggests expectations around network developments and decentralized application activity, while positions in SOL and XRP indicate strategic diversification into alternative blockchain ecosystems.