The $11 billion Bitcoin whale made millions in profit from last week’s crypto market crash and continues betting on more downside.
Whaleclub News
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An $11 billion Bitcoin whale returned to crypto markets this week, likely seeking trading opportunities tied to October’s historic crypto rallies and uncertainty in the US.
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In one of their first moves in two months, the Bitcoin whale returned to short Bitcoin and Ether for hundreds of millions of dollars, betting on their short-term price decline.
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The massive whale previously rotated about $5 billion worth of Bitcoin into Ether after holding the BTC stash for seven years.
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Despite the nearly $9 million loss, Machi and other large investors are betting on the price of the XPL token recovering.
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The World Liberty Financial adviser, Ogle, bet on a rising AVAX price following AgriFORCE’s $550 million Avalanche treasury pivot announcement.
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The Taiwanese celebrity closed his position at a $4.5 million loss as Hyperliquid’s market share continued to lose ground to other decentralized exchanges.
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A dormant Bitcoin whale moved $116 million of the cryptocurrency ahead of the Fed’s key interest rate decision as crypto traders braced for volatility in global markets.
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Whales are losing millions of dollars on the decline of the Trump-linked WLFI token, but most of the pre-sale participants are still holding the coin.
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The WLFI token became the ninth-most-bearish by investor sentiment, as whales lost millions on its more than 40% post-launch decline.
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Growing decentralized trading and memecoin speculation from big investors are driving Avalanche’s blockchain activity, according to Nansen analysts.
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A mysterious mega-whale is rotating billions from Bitcoin into Ether, signaling a broader shift as corporate and institutional investors boost ETH holdings.
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The whale locked in $33 million worth of profit from Ether long opened last week, after selling $2.6 billion worth of Bitcoin held for over seven years.
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A Bitcoin whale rotated another $113 million worth of Bitcoin into a $240 million spot Ether position after closing part of a previous Ether perpetual long worth almost $300 million.
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A savvy trader turned a $125,000 investment into almost $43 million at its peak, before locking in almost $7 million of profit after the market downturn decreased their long positions.
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