Profitable Whale Bets Big With 40x Bitcoin, 25x Ethereum Longs Following Market Dip — Is Crypto Recovery On Cards?
Posted On August 1, 2025
An investor with a history of profitable trades opened a highly leveraged long position in Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) following the market’s dip on Thursday.
What happened: The whale, with over $60 million in total profits from spot and perpetual trading, took a 40x leverage bet on Bitcoin and 25x on Ether, according to Lookonchain.
The leverage increased their Bitcoin position to $50.47 million, with the entry price at $115,579.30. As of this writing, they were down nearly $516,000 on the bet and would be liquidated if the apex cryptocurrency tumbled to $87,424.
Similarly, their Ether position expanded to $23.89 million, with an entry price at $3,697 and liquidation at $1,810. …
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