Large investor bets on Bitcoin, Ethereum, and Solana recovery despite smart money staying net short
A closely watched $11 billion Bitcoin whale has made a bold move in the crypto market, signaling renewed confidence in a potential short-term rebound. After selling a substantial amount of Ether, the whale deployed capital into massive leveraged long positions across Bitcoin, Ethereum, and Solana, even as broader market sentiment remains cautious.
Blockchain data shows the whale sold approximately $330 million worth of Ether before opening three leveraged long positions totaling $748 million. The largest position is a $598 million long on Ethereum, entered near $3,147, with a liquidation level around $2,143. Additional long exposure was taken in Bitcoin and Solana, reflecting a concentrated bet on the top digital assets.
The whale is currently holding these positions despite roughly $49 million in unrealized losses, suggesting a high-conviction outlook rather than short-term risk avoidance.
This investor previously gained attention for correctly anticipating a major market downturn in October, which adds weight to the latest positioning shift.
Ethereum Accumulation by Large Holders Continues
Beyond this single entity, other crypto whales have increased spot Ether purchases, pointing to growing interest among large holders. Over the past week, whale ETH buying activity rose by 1.6 times, with nearly $7.4 million in ETH accumulated across multiple large wallets.
In contrast, so-called “smart money” traders identified by consistent high returns continue to maintain net short positions. These traders are collectively short around $121 million in Ether, $192 million in Bitcoin, and $74 million in Solana, indicating skepticism about a sustained rally.
The divergence between whale positioning and smart money sentiment highlights uncertainty across crypto markets. While large holders are positioning for upside, professional traders remain defensive, leaving price direction highly sensitive to upcoming macro and liquidity shifts.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.