Кит ставит на восходящий тренд криптовалют, несмотря на неудачные прогнозы Translation: Whale bets on bullish trend in cryptocurrencies despite unsuccessful forecasts

An investor with assets totaling $11 billion has opened long positions in three major cryptocurrencies, according to Lookonchain. This player successfully predicted the market crash in October.

The total amount of long positions is estimated at $749 million, with the largest stake being in Ethereum at $598 million, priced around $3,147. The liquidation level is set at $2,143.

For Bitcoin’s rise to $91,506, the whale allocated $87.2 million, while for Solana’s rally to $130.1, it was $63.2 million.

The investor’s unrealized loss stands at approximately $49 million.

Analysts first noted this participant in August when they sold Bitcoin for $2.59 billion and purchased Ethereum on the spot for $2.2 billion. Subsequently, the whale opened a long position in the leading altcoin, betting $577 million on its increase.

Days before the market crash on October 10-11, the player established a series of short positions in the two leading cryptocurrencies.

Other major players are also accumulating 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.

“Addresses holding more than 1,000 ETH now account for roughly 70% of the supply, and this share has been increasing since late 2024,” the expert noted.

According to Nansen, over the past week, whales have increased their altcoin acquisitions by more than 50%. A total of 19 wallets bought coins worth $7.43 million.

Garret Jin, the former CEO of the now-defunct exchange BitForex, believes that Bitcoin and Ethereum will soon experience a massive influx of capital, linking this to the conclusion of the rally in the precious metals market.

“The short squeeze in the metals sector has ended as anticipated. Capital is beginning to flow into cryptocurrencies,” he wrote.

Meanwhile, the most successful high-yield traders on Hyperliquid continue to bet against the two largest digital assets. The total volume of open shorts on Ethereum is estimated by Nansen analysts at $121 million, while Bitcoin shorts amount to $192 million.

According to CoinGecko, at the time of writing, digital gold is trading around $87,900, and the leading altcoin is close to $2,900.

As a reminder, in December, the volume of leveraged positions increased by $2.4 billion despite a 40% drop in trading activity.