A Whale Flips From Sell to 20× Long

The whale who dumped 255 $BTC has now fully reversed, closing all shorts and opening $351 million in leveraged longs. They're 20× long BTC as well as $ETH and $SOL with a 10× bet on a meme tail. This is the definition of hedging and conviction, exhibiting a delicate infusion of risk. This is a sentiment inflection from a player who was just on the other side of the trade. When whales stop selling and start leveraging long, the market dynamics change quickly. #BTC #WhaleWatch

BTC

67,262.24

-1.09%

ETH

1,971.98

-0.80%

SOL

80.32

-1.53%