Whale gained $9M by long trading BTC, ETH, SOL, and more
Bought 309 BTC for $24.68M at ~$79.8K average
Still holds over $5M in unrealized BTC profits
Whale Scores Big With Smart Altcoin Longs
In the past month, one savvy crypto whale has turned a series of bold long positions into more than $9 million in realized profit. The whale didn’t just focus on one or two tokens—they went long on a diversified portfolio including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Litecoin (LTC), XRP, Chainlink (LINK), and 16 other cryptocurrencies.
The strategy appears to have been well-timed, as the market showed strength across major altcoins and layer-1 tokens. With many of these assets posting significant gains, the whale capitalized on market momentum and exited at just the right moments.
$24.68M BTC Buy Brings Massive Unrealized Gains
Beyond the altcoin gains, this whale also made a major move into Bitcoin, purchasing 309 BTC at an average price of $79,792—totaling approximately $24.68 million.
Now, with BTC prices trading higher, those holdings sit on unrealized profits exceeding $5 million. The sheer size of the position and the whale’s confidence in Bitcoin’s trajectory have drawn attention across crypto Twitter and on-chain analysis platforms.
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.
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
— Lookonchain (@lookonchain) May 3, 2025
Whale Activity Signals Market Optimism
When large wallets move, the market watches. This whale’s activity suggests continued institutional or high-net-worth interest in crypto, especially as sentiment around Bitcoin remains bullish post-halving.
Long positions in altcoins and fresh BTC accumulation may hint at confidence in an upcoming bullish phase—or at least strong short- to mid-term price action. Retail investors often track whale behavior to get a sense of market direction, and this case is no exception.
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