{"id":92784,"date":"2025-12-30T18:00:26","date_gmt":"2025-12-30T15:00:26","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=92784"},"modified":"2025-12-30T18:05:31","modified_gmt":"2025-12-30T15:05:31","slug":"whale-bets-748-million-on-bitcoin-ethereum-and-solana","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/whale-bets-748-million-on-bitcoin-ethereum-and-solana\/","title":{"rendered":"Whale Bets $748 Million on Bitcoin, Ethereum, and Solana"},"content":{"rendered":"<p>An investor with assets worth $11 billion has taken long positions on three leading cryptocurrencies, according to Lookonchain. In October, this player accurately predicted the <span class='old_tooltip' data-descr='market crash'>market crash<\/span>.\u00a0<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">BREAKING!<\/p>\n<p>The <a href=\"https:\/\/twitter.com\/hashtag\/BitcoinOG?src=hash&#038;ref_src=twsrc%5Etfw\">#BitcoinOG<\/a>(1011short) with a massive $749M long position in <a href=\"https:\/\/twitter.com\/search?q=%24BTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$BTC<\/a>, <a href=\"https:\/\/twitter.com\/search?q=%24ETH&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$ETH<\/a>, and <a href=\"https:\/\/twitter.com\/search?q=%24SOL&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$SOL<\/a>, just deposited 112,894 <a href=\"https:\/\/twitter.com\/search?q=%24ETH&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$ETH<\/a>($332M) into <a href=\"https:\/\/twitter.com\/hashtag\/Binance?src=hash&#038;ref_src=twsrc%5Etfw\">#Binance<\/a> again.<a href=\"https:\/\/t.co\/rM9dXV3Ln4\">https:\/\/t.co\/rM9dXV3Ln4<\/a><a href=\"https:\/\/t.co\/Fsi6okD47f\">https:\/\/t.co\/Fsi6okD47f<\/a> <a href=\"https:\/\/t.co\/qVlZ4c6Htx\">pic.twitter.com\/qVlZ4c6Htx<\/a><\/p>\n<p>\u2014 Lookonchain (@lookonchain) <a href=\"https:\/\/twitter.com\/lookonchain\/status\/2005873860370129023?ref_src=twsrc%5Etfw\">December 30, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The total amount of longs is estimated at $749 million. The largest position is in Ethereum \u2014 $598 million at a price of around $3147. The liquidation level is at $2143.<\/p>\n<p>The whale has bet $87.2 million on Bitcoin rising to $91,506 and $63.2 million on Solana rallying to $130.1.\u00a0<\/p>\n<p>The investor&#8217;s unrealized loss is approximately $49 million.\u00a0<\/p>\n<p>Analysts first <span class='old_tooltip' data-descr='took notice'>took notice<\/span> of this participant in August, when he sold Bitcoin worth $2.59 billion and bought Ethereum on the spot market for $2.2 billion. The whale then opened a long position on the largest altcoin, betting $577 million on its rise.\u00a0<\/p>\n<p>A few days before the market crash on October 10-11, the player opened a series of short positions on the two main cryptocurrencies.\u00a0<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">This <a href=\"https:\/\/twitter.com\/hashtag\/BitcoinOG?src=hash&#038;ref_src=twsrc%5Etfw\">#BitcoinOG<\/a> keeps adding to his shorts on <a href=\"https:\/\/twitter.com\/search?q=%24BTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$BTC<\/a> and <a href=\"https:\/\/twitter.com\/search?q=%24ETH&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$ETH<\/a> \u2014 his total positions have now exceeded $1.1B.<\/p>\n<p>10x short on 6,189 <a href=\"https:\/\/twitter.com\/search?q=%24BTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$BTC<\/a>($752.9M)<br \/>Liquidation price: $130,810<\/p>\n<p>12x short on 81,203 <a href=\"https:\/\/twitter.com\/search?q=%24ETH&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$ETH<\/a>($353.1M)<br \/>Liquidation price: $4,589.3<a href=\"https:\/\/t.co\/xDbaCvSrQ3\">https:\/\/t.co\/xDbaCvSrQ3<\/a> <a href=\"https:\/\/t.co\/YLwoc9Bbi1\">pic.twitter.com\/YLwoc9Bbi1<\/a><\/p>\n<p>\u2014 Lookonchain (@lookonchain) <a href=\"https:\/\/twitter.com\/lookonchain\/status\/1976639374763884608?ref_src=twsrc%5Etfw\">October 10, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2 class=\"wp-block-heading\">Accumulation\u00a0\u00a0<\/h2>\n<p>Other major players are also acquiring the second-largest cryptocurrency by market cap. According to an analyst known as Milk Road, since December 26, Ethereum holders have added 120,000 ETH ($350 million) to their balances.\u00a0<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Since Dec 26, large Ethereum holders have added 120,000 ETH ($350M).<\/p>\n<p>Addresses holding 1,000+ ETH now control roughly 70% of supply, a share that has been rising since late 2024.<\/p>\n<p>If this behavior continues, the market may not fully be pricing in where the smart money expects\u2026 <a href=\"https:\/\/t.co\/JBjtv1EbTD\">https:\/\/t.co\/JBjtv1EbTD<\/a> <a href=\"https:\/\/t.co\/iENEybMPSu\">pic.twitter.com\/iENEybMPSu<\/a><\/p>\n<p>\u2014 Milk Road (@MilkRoad) <a href=\"https:\/\/twitter.com\/MilkRoad\/status\/2005608330904096880?ref_src=twsrc%5Etfw\">December 29, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u201cAddresses holding more than 1,000 ETH now control roughly 70% of supply, and this share has been rising since late 2024,\u201d the expert noted.\u00a0<\/em><\/p>\n<\/blockquote>\n<p>According to <a href=\"https:\/\/app.nansen.ai\/token-god-mode?tokenAddress=0xeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee&#038;chain=ethereum&#038;tab=transactions\">Nansen<\/a>, over the past week, whales have accelerated the pace of altcoin acquisition by more than one and a half times. In total, 19 wallets purchased coins worth $7.43 million.\u00a0<\/p>\n<p>Former CEO of the now-defunct BitForex exchange, Garrett Jin, believes that Bitcoin and Ethereum will soon receive a massive influx of capital. He linked this to the end of the rally in the precious metals market.\u00a0<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">The short squeeze in metals is over as expected. Capital is beginning to flow into crypto. <a href=\"https:\/\/t.co\/ipZj0QmNSX\">https:\/\/t.co\/ipZj0QmNSX<\/a><\/p>\n<p>\u2014 Garrett (@GarrettBullish) <a href=\"https:\/\/twitter.com\/GarrettBullish\/status\/2005850761276555496?ref_src=twsrc%5Etfw\">December 30, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u201cThe short squeeze in the metals sector is over as expected. Capital is beginning to flow into cryptocurrencies,\u201d he wrote.<\/em><\/p>\n<\/blockquote>\n<p>Meanwhile, the most successful traders on Hyperliquid continue to bet on the decline of the two largest digital assets. The total volume of open shorts on Ethereum is <a href=\"https:\/\/app.nansen.ai\/smart-money?chains=hyperliquid&#038;tab=tokens\">estimated<\/a> by Nansen analysts at $121 million, and on Bitcoin \u2014 at $192 million.\u00a0<\/p>\n<p>According to <a href=\"https:\/\/www.coingecko.com\/\">CoinGecko<\/a>, at the time of writing, digital gold is trading around $87,900, and the leading altcoin is near $2900.\u00a0<\/p>\n<p>In December, the volume of leveraged positions <span class='old_tooltip' data-descr='increased'>increased<\/span> by $2.4 billion, despite a 40% decline in trading activity.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>An investor with assets worth $11 billion has taken long positions on three leading cryptocurrencies, according to Lookonchain. In October, this player accurately predicted the market crash.<\/p>\n","protected":false},"author":1,"featured_media":92785,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"Investor with $11B assets bets on Bitcoin, Ethereum, Solana; predicted market crash in October.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,46,1156,1159],"class_list":["post-92784","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-ethereum","tag-institutional-investors-and-whales","tag-solana-sol"],"aioseo_notices":[],"amp_enabled":true,"views":"365","promo_type":"1","layout_type":"1","short_excerpt":"Investor with $11B assets bets on Bitcoin, Ethereum, Solana; predicted market crash in October.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/92784","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=92784"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/92784\/revisions"}],"predecessor-version":[{"id":92786,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/92784\/revisions\/92786"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/92785"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=92784"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=92784"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=92784"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}