• bitcoinBitcoin (BTC) $ 101,559.00
  • ethereumEthereum (ETH) $ 3,402.29
  • tetherTether (USDT) $ 1.00
  • xrpXRP (XRP) $ 2.34
  • bnbBNB (BNB) $ 943.52
  • solanaWrapped SOL (SOL) $ 153.61
  • usd-coinUSDC (USDC) $ 0.999860
  • staked-etherLido Staked Ether (STETH) $ 3,404.75
  • tronTRON (TRX) $ 0.295484
  • dogecoinDogecoin (DOGE) $ 0.169770

Crypto whale who nailed the October crash opens $55M BTC and ETH longs

HyperUnit, the whale that made $200 million from the US-China tariff crash last month, is now betting on a rebound in Bitcoin and Ether, opening $55 million in long positions.

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💡 DMK Insight

Whale activity is shifting, and here’s why that matters for traders: HyperUnit’s $55 million long positions in Bitcoin and Ether signal a potential market rebound. With ETH currently at $3,524.87, this move could indicate that larger players are anticipating a bullish trend, especially after the recent volatility caused by geopolitical tensions. Traders should keep an eye on key resistance levels around $3,600 for ETH, as a breakout could trigger further buying momentum. Conversely, if the market fails to hold these gains, we might see a quick reversal, so watch for support around $3,400. The flip side is that while whale activity often precedes price movements, it can also lead to increased volatility. If retail traders follow suit without solid fundamentals backing the move, we could see a sharp pullback. So, monitor trading volumes and sentiment closely to gauge whether this whale bet is a leading indicator or a potential trap.

📮 Takeaway

Watch for ETH to break above $3,600 for bullish confirmation, but be cautious of volatility if it fails to hold above $3,400.

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