u.today
Analytics account Lookonchain on the X social media network spreads the word about a crypto whale who has succeeded in profiting on several top cryptocurrencies as he has been holding long positions in them over the past month.
One of those coins is Ripple-affiliated $XRP, of which he holds 1,500,000.
$XRP, $BTC, $ETH long whale earns $9 million in unrealized profit
Lookonchain shared that this anonymous whale has been holding long positions on the following coins over the past month: $BTC, $ETH, $SOL, $XRP, $LINK and other 16 coins. In particular, he holds 1,500,000 $XRP worth $3,297,900, 70.8197 $BTC valued at $6,824,466, 5,000 $ETH, 50,000 $SOL and more.
The tweet also said that in addition to those positions, the anon trader has purchased 309 Bitcoins worth roughly $24,680 at an average price of $79,792. This purchase has given him an unrealized profit of more than $5 million.
A whale has been long $BTC, $ETH, $SOL, $LTC, $XRP, $LINK and other 16 tokens in the past month, with a total profit of more than $9M.
— Lookonchain (@lookonchain) May 3, 2025
Additionally, this whale bought 309 $BTC ($24.68M) at an average price of $79,792, currently sitting on unrealized profits of more than $5M.… pic.twitter.com/LVwmdlmUhf
Bitcoin ETFs scoop up $311.43 million in inflows
Data on Bitcoin from the same data source reveals that on Friday, May 2, 10 spot Bitcoin ETFs experienced significant netflows, which were equal to approximately $311.43 million (that’s 3,215 in the Bitcoin equivalent).
The largest inflow went into the BlackRock ETF IBIT — that was $352.17 million equal to 3,636 Bitcoins. The weekly inflows here constituted 21,521 $BTC. Overall, BlackRock now holds an impressive 607,685 $BTC worth $58.86 billion.
May 2 Update:
— Lookonchain (@lookonchain) May 2, 2025
10 #Bitcoin ETFs
NetFlow: +3,215 $BTC(+$311.43M)🟢#iShares(Blackrock) inflows 3,636 $BTC($352.17M) and currently holds 607,685 $BTC($58.86B).
9 #Ethereum ETFs
NetFlow: -358 $ETH(-$656K)🔴#Grayscale(ETHE) outflows 4,070 $ETH($7.47M) and currently holds 1,140,412… pic.twitter.com/Li4IuSfROe
Bitwise and Fidelity stand next to BlackRock in terms of the $BTC inflow size. They absorbed 397 $BTC and 264 $BTC. Their total Bitcoin holdings now comprise 198,640 Bitcoins for Fidelity and 38,688 $BTC for Bitwise. All the 10 ETFs have received 15,035 $BTC over the past week worth $1.46 billion.
Two ETFs witnessed major outflows — Ark 21Shares lost 903 $BTC, while Grayscale’s outflow was 347 $BTC, losing 923 $BTC over the past week. Franklin ETF saw zero $BTC inflows both on Friday and throughout the whole week.