While awaiting the outcome of the critical FED decision and the meeting between the US and Chinese presidents, Bitcoin and altcoins started this week on the rise.
While this recovery increases the expectation of a rise in the market, whales are also increasing their long positions.
According to a post by crypto analysis platform Lookonchain, two major whales opened long positions worth millions of dollars in Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and altcoins.
Accordingly, the whale with the address 0xc2a3, which had a 100% win rate, first opened a long position in Bitcoin and Ethereum with a 100% win rate. Finally, the whale added to its ETH long position today.
According to the data, the whale’s current positions are as follows:
“1,483 BTC (worth $170.46 million) 40,044 ETH (worth $167.35 million)”
Secondly, the giant whale with the address 0x71a0 has a long position in altcoins named ETH, SOL, PUMP and FARTCOIN.
It was also stated that the whale’s aim was to make a profit and that he placed limit orders to take profits.
“Limit for ETH: $4,300-$4,700 Limit for SOL: $210-$250 Limit for PUMP: $0.007-$0.009 Limit for FARTCOIN: $0.6-$1”
*This is not investment advice.
