en.bitcoinsistemi.com
Bitcoin ($BTC) price fell to the $98,000 level following a 3% pullback in the last 24 hours, while on-chain whale activity attracted attention in the market.
Especially large $ETH positions, high leverage long trades, and large $BTC transfers have entered the radar of cryptocurrency users.
As the market fell, one of the addresses known as the “big unknown whale” reopened a long position on $ETH with 25x leverage. The whale's total position size across his two wallets reached 14,635 $ETH, with a current value of approximately $49.3 million. Before starting the new trade, the whale made a quick scalp trade with the “0x93c” wallet, generating a profit of $440,000, bringing his total profit to $776,000.
Meanwhile, a newly created wallet opened a 25x leveraged $ETH long position by depositing $5.66 million into the HyperLiquid exchange. This address was linked to another whale that had previously opened an $ETH position by depositing $8 million $USDC into HyperLiquid.
One of the most notable whale movements came from Owen Gunden. Gunden transferred 2,401 $BTC ($244.96 million) to Kraken about three hours ago. However, he still has 2,499 $BTC ($258.58 million) in his wallet.
Another famous whale, MachiBigBrother, continued to grow his $ETH and $UNI long positions by depositing 2.44 million $USDC into HyperLiquid in the last 8 hours. His current positions stand at 6,275.7 $ETH ($21.3 million) and 88,888.8 $UNI ($705,000).
*This is not investment advice.