‘OG whale’ who called the October crash has a $44.5M long on Ether
Overview
A prominent whale known for their significant trading activities has recently increased their position in Ether. This move follows a previous successful trading strategy that resulted in substantial profits during a market downturn.
Recent Developments
The whale, associated with Hyperliquid, had previously capitalized on a market crash in October, reportedly making $200 million from that event. In a strategic move, this trader has now added an additional $10 million to their long position in Ether. This increase reflects confidence in the asset, indicating a bullish outlook in the current market environment.
Impact on the crypto market
- The whale’s actions may influence market sentiment, potentially encouraging other investors to consider long positions in Ether.
- The increase in the long position suggests a belief in the future appreciation of Ether, which could attract further investment.
- Significant trading activity from large holders like this whale can lead to increased volatility in the cryptocurrency market.
- Such moves may also signal trends that could impact overall market dynamics and investor behavior in the crypto space.
- This development highlights the ongoing interest and potential for large-scale trading strategies within the Ethereum ecosystem.
Updated: 11/25/2025, 6:37:18 AM