Bitcoin, Ethereum Whales Bet On Upside: What Do They Know?
Posted On October 22, 2025
Whale wallets are taking sizable long positions in Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) even as the top cryptos continue to struggle.
What Happened: Lookonchain data shows a strong bullish tilt over the past 12 hours as several major players have deposited significant USDC to increase long positions:
- 0x89AB bought 80.47 BTC and opened a 6x long on 133.86 BTC.
- 0x3fce increased their Bitcoin long to 459.82 BTC.
- 0x8Ae4 deposited $4M to go long on BTC, ETH, and Solana.
- 0xd8ef added $5.44M to an Ethereum long.
At the same time, some whales are taking the opposite approach: a Bitcoin OG has sold 5,252 BTC (around $588 million) across Binance, …
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