Bitcoin Whales Open Multi-Million Dollar Longs on BTC as ETH and SOL Bets Rise
BTC/USDT
$17,366,629,629.18
$71,554.95 / $68,531.50
Change: $3,023.45 (4.41%)
-0.0023%
Shorts pay
On-chain data from LookIntoChain dated October 22 shows a renewed bullish tilt among large crypto wallets, with fresh long exposure across BTC, ETH, and SOL. The activity underscores persistent demand among major holders and could influence near-term liquidity for these assets. USDC-fueled strategies underpin this risk-on stance, with spot-to-leverage moves signaling tactical positioning.
Whale 0x89AB funded Hyperliquid with about $9.6 million in USDC within 12 hours, acquiring roughly 80.5 BTC (≈$8.7 million) and launching a 6x long position encompassing about 133.9 BTC (≈$14.5 million).
Whale 0x3fce added $1.5 million USDC six hours ago and lifted its BTC long to about 459.8 BTC (≈$49.7 million).
Whale 0x8Ae4 deposited $4 million USDC five hours ago to express long bets on BTC, ETH, and SOL.
Whale 0xd8ef moved $5.44 million USDC three hours ago and opened an ETH spot position.