TL;DR
- Whale Strategy: A $11B Bitcoin whale sold $330M ETH while opening $748M leveraged longs in BTC, ETH, and SOL, signaling aggressive confidence despite $49M unrealized losses.
- Market Signals: The whale’s timing echoes past accurate predictions, suggesting expectations of recovery momentum even as liquidation risks loom if ETH falls below $2,143.
- Trader Divide: Smart money remains net short with $121M ETH, $192M BTC, and $74M SOL positions, highlighting a sharp divergence between whale optimism and broader trader caution that could shape near‑term volatility.
The crypto market has once again been jolted by the decisive moves of a major Bitcoin whale. With holdings valued at $11 billion, this investor has executed a bold strategy: selling $330 million in Ether while simultaneously opening leveraged long positions worth $748 million across Bitcoin, Ether, and Solana. The activity signals confidence in a short-term rally, even as “smart money” traders remain cautious. Blockchain data reveals the whale’s calculated risk-taking, positioning for gains despite carrying $49 million in unrealized losses.
BREAKING!
The #BitcoinOG(1011short) with a massive $749M long position in $BTC, $ETH, and $SOL, just deposited 112,894 $ETH($332M) into #Binance again.https://t.co/rM9dXV3Ln4https://t.co/Fsi6okD47f pic.twitter.com/qVlZ4c6Htx
— Lookonchain (@lookonchain) December 30, 2025
Whale’s Strategic Rotation
The whale first gained attention in August after rotating $5 billion from Bitcoin into Ether, briefly surpassing Sharplink’s corporate treasury in ETH holdings. This latest maneuver continues that aggressive approach, with a $598 million ETH long opened at $3,147. The position faces liquidation if Ether drops below $2,143, underscoring the high-stakes nature of the bet. Such rotations highlight how whale activity can influence liquidity flows and impact broader market sentiment.
Market Recovery Signals
By cashing out $330 million in Ether and reinvesting into leveraged longs, the whale is signaling expectations of price appreciation. Analysts note this could mark the beginning of a short-term recovery phase for leading tokens. The whale’s timing is notable, having previously predicted the $19 billion October crash. This track record adds weight to current moves, suggesting confidence in upward momentum despite market volatility.
Smart Money Divergence
While whales are increasing ETH acquisitions, “smart money” traders tracked by Nansen remain net short. Data shows $121 million in short positions on Ether, alongside $192 million short on Bitcoin and $74 million on Solana. Despite some long positions being added, the overall stance reflects skepticism about sustained gains. This divergence between whale optimism and trader caution creates a tension that could define near-term market dynamics.
Broader Whale Influence
Other whales have also ramped up ETH buying, with acquisitions rising 1.6-fold in the past week, totaling $7.43 million across 19 wallets. Large investors remain a critical force in driving momentum, and their confidence contrasts with trader hesitancy. Whether this whale-led optimism translates into a broader rally will depend on how markets absorb leveraged exposure and whether resistance levels hold.
