Bitcoin News Today: $300 Million Bitcoin Whale Move Indicates Institutions Turning to Leverage Approaches
- A Bitcoin whale with a 100% win rate in leveraged trades has boosted its BTC/ETH long positions to $296M, with $165M in BTC and $132M in ETH. - The whale alternates between long/short positions, recently adding 173.6 BTC at $110,680 and facing $1.17M in unrealized losses on BTC shorts. - Its 5x leveraged $62.4M ETH position yields $240K profit, making it Hyperliquid's second-largest ETH long with an entry price of $3,862.37. - Analysts highlight the whale's systematic approach but caution that past succe
An enigmatic
This aggressive accumulation comes after a week of calculated maneuvers. By October 24, the whale’s BTC long had already climbed above $144 million, with its ETH long at $129 million, totaling $274 million in exposure. However, by that date, the position had shifted from gains to a floating loss of $384,000,
On the short side, the whale temporarily raised its BTC short position to 666 coins ($74.43 million) on October 25, but now faces an unrealized deficit of $1.17 million, according to
The whale’s ETH long was also notably increased on October 24, when it opened a 5x leveraged position worth $62.4 million, making it the second-largest ETH long on Hyperliquid. Entering at $3,862.37, this trade currently shows an unrealized gain of $240,000, according to
While the whale’s moves reflect strong conviction in Bitcoin’s long-term prospects, market conditions remain volatile. Analysts emphasize that the whale’s tactics are based on real-time data and active liquidity management, rather than speculative predictions. As the crypto sector faces ongoing regulatory and macroeconomic challenges, the whale’s persistent activity may indicate growing institutional interest in leveraged trading strategies.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Football.Fun's Rugby Bet: Blockchain and DeFi Transform the Landscape of Sports Forecasting
- Football.Fun, a blockchain-based prediction app, will launch a rugby betting platform in November, followed by its native utility token FUN. - The FUN token mirrors Hyperliquid's model, enabling buybacks and yield generation to incentivize long-term user participation. - Built on Coinbase's Base chain, the platform emphasizes scalability and transparency to compete with traditional bookmakers in niche sports markets. - Success hinges on attracting users in rugby-strong regions like the UK, Australia, and
Mega Wager Sparks Discussion: Will Cybersecurity Company Outsmart Esports Squad?
- A $1.668M bet on Polymarket predicts Gen Digital (NASDAQ:GEN) will win a League of Legends match, highlighting speculative esports trading trends. - Polymarket's $8B valuation and $2B ICE investment underscore its rise as a decentralized prediction market hub competing with $50B-volume Kalshi. - Gen Digital's strong Q3 results (30.3% revenue growth, $0.64 EPS) contrast with its unrelated esports branding, creating market ambiguity around the bet. - The wager reflects growing institutional/retail particip
Football.Fun Embraces Rugby Forecasts Using Blockchain Token Integration
- Football.Fun plans to launch a rugby prediction app in Nov 2025, followed by a blockchain-based FUN Token for staking and governance. - The move taps into 2025's explosive growth in prediction markets, with Robinhood reporting $20M Q3 revenue from event-based betting. - Six Flags' $50M stake acquisition and tech upgrades highlight industry trends toward digital engagement and high-capacity platforms. - Regulatory challenges persist in the U.S., while global rugby markets may offer favorable testing groun
Tokarev's Bron Labs Seeks to Address the Tension Between Security and Usability in Crypto
- Copper founder Dmitry Tokarev launches Bron Labs, a self-custody platform targeting crypto security gaps with advanced cryptography and modular design. - The $15M-funded venture addresses industry struggles to balance user-friendly interfaces with enterprise-grade security in digital asset management. - Tokarev's pivot follows Copper's leadership transition under Amar Kuchinad, reflecting broader crypto founder efforts to modernize fragmented custody infrastructure. - Regulatory clarity in major markets
Trending news
MoreCrypto prices
More
