$272M in ETH Longs: Whale Ditches BTC for a High-Stakes Ethereum Bet

A smart whale conducted multiple high-risk ETH and BTC trades which brought significant attention from the cryptocurrency market. Earlier, the insider made a $5.22M transaction with Hyperliquid to establish leveraged positions. His initial trades were aggressive:

• ETH Long (50x leverage): Entry at $1,884.4 with a liquidation level at $1,838.2
• BTC Long (20x leverage): Entry at $82,003.9 with a liquidation threshold at $61,182

All for $ETH!

This whale has switched all of his long $BTC positions to long $ETH and further bridged $10M to Hyperliquid to place a buy order of 5,508.08 $ETH at $1,921.

Currently, the whale’s $ETH long position has reached 141,014 $ETH ($272.4M)!
• Entry price: $1,900.28
•… https://t.co/Z7gD6YQ5ec pic.twitter.com/LMlfVIPuRO

— Spot On Chain (@spotonchain) March 12, 2025

During the last few days, this whale masterfully ended his two long positions in Ethereum to earn $2.2M through perfect trading. His success in ETH trading grew his confidence, which motivated him to change his trading approach.

The whale is currently using every bit of his attention to Ethereum because of its strong performance potential. All Bitcoin positions were closed by the whale, who invested all of his assets into Ethereum.

He added $10M in funds to Hyperliquid before placing a substantial purchase of 5,508.08 ETH for $1,921 each. His strategic move implies strong commitment to ETH over BTC because he believes Ethereum will gain more value in current market dynamics.

The Big Bet: 141,014 ETH and Counting

The whale’s most recent financial moves generated an enormous extended ETH position. The whole portfolio held by the whale exceeds 141,014 tokens worth about $272.4M. The essential metrics show the following characteristics for his newly acquired position:

• Entry Price: $1,900.28
• Liquidation Price: $1,805.6
• Unrealized Profit: $4.13M

Two factors indicate that this whale holds one of the biggest long term positions for ETH across the market. His significant investment in Ethereum proves his belief that prices will rebound soon and maintain upward growth.

Using high leverage brings built-in risks to account for while operating in such positions. If the price declines, it could lead to a rapid market shift given that his entry price is not far from his liquidation threshold.

Ripple Effects: What This Means for the Market

This investor’s purchase of ETH activates multiple shifts throughout the crypto market. The whale’s bullish position might result in an upward price change, which motivates existing investors to buy more, respecting future positive sentiment.

Future Outlook

The whale’s complete investment demonstrates their significant market tactics in an unpredictable market atmosphere. The impression created by this whale’s aggressive market bet will guide future market behavior as all eyes follow its effects.

The market will closely analyze every Ethereum price fluctuation since this substantial position marks a critical turning point for future market developments.

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