Whale Rakes in Nearly $1M in Unrealized Gains as Bitcoin Eyes $100K

Whale Rakes in Nearly $1M in Unrealized Gains as Bitcoin Eyes $100K

May 9, 2025

As $BTC climbs back to $98,000, a major crypto whale is sitting on more than $970,000 in unrealized profits — thanks to some aggressive, well-timed leverage plays. On-chain data shows this trader is riding a 40x long on Bitcoin and a 25x long on Ethereum, putting them in a prime spot as the market gains steam.

This bounce marks a strong recovery after a choppy few weeks in the crypto space. Traders and analysts have been on the lookout for signs of a bullish reversal, and this recent push toward the $100K level might be just that. The whale’s high-leverage bets signal serious conviction — and right now, it’s paying off.

Of course, leveraged trading is a double-edged sword. While risky, it can deliver outsized rewards if the timing is right. In this case, the trader’s call has already translated into nearly a million in paper gains — though the profits are still unrealized, meaning they haven’t cashed out yet.

Ethereum’s surge above $5,000 has added even more fuel to the fire. With a 25x long on $ETH , even slight price movements bring major swings in PnL — and in this case, significant upside.

Community Buzz and What Comes Next

The crypto crowd is divided. Some see the whale’s move as a masterclass in bold trading, while others warn about the risks of glamorizing high leverage. Still, this story highlights the wild potential — and danger — that comes with crypto’s volatility.

Now all eyes are on whether Bitcoin can finally break past the psychological $100K barrier. Sentiment is bullish for now, but macro trends and policy decisions could shift the narrative quickly.

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