January 3, 2026 — In a bold move signaling strong confidence in the cryptocurrency market's upward trajectory, a prominent Bitcoin whale Massive Bullish Bet: Insider Bitcoin Whale Builds Nearly $800 Million Long Position in BTC, ETH, and SOL
as the "BTC OG Insider Whale" or "Insider Whale" has amassed leveraged long positions totaling nearly $800 million across Bitcoin (BTC), Ethereum (ETH), and Solana (SOL).
This whale, previously celebrated for profiting over $200 million by shorting the market ahead of the October 2025 crash, has flipped to a heavily bullish stance. On-chain monitoring platforms like Lookonchain, HyperInsight, and Coinbob have tracked the trader's activity on the decentralized perpetuals exchange Hyperliquid, where the positions rank among the largest for these assets.
Breakdown of the Positions
The whale's exposure is heavily weighted toward Ethereum, reflecting a bet on layer-1 ecosystems beyond just Bitcoin:
- **Ethereum (ETH)**: The dominant position, approximately $600-617 million notional value, opened at an average entry around $3,147 with 5x leverage.
- **Bitcoin (BTC)**: Around $88-90 million notional, with 5x leverage and an entry near $91,500.
- **Solana (SOL)**: Roughly $63-66 million notional, using higher leverage (up to 10x) and an entry around $130-135.
Recent market rallies have turned the tide for this trader. After enduring unrealized losses peaking above $70 million in late December 2025, the positions are now reportedly showing unrealized profits of around $35 million, with floating losses reduced to minimal levels or near break-even as BTC hovers above $90,000.
### Background on the Whale
This anonymous trader controls an estimated $11 billion in Bitcoin holdings and has a track record of prescient moves. In August 2025, they rotated billions from BTC into ETH, briefly becoming one of the largest ETH holders. Their accurate short ahead of the 2025 downturn cemented their "insider" reputation among crypto observers. Recent activity includes depositing hundreds of millions in ETH to exchanges like Binance while maintaining these massive longs.
### Market Implications
Such a sizable leveraged bet from a proven whale is being interpreted as a strong bullish signal for 2026. With Bitcoin recovering toward all-time highs, Ethereum stabilizing above $3,000, and Solana showing resilience, the position underscores expectations of continued inflows—potentially driven by ETF approvals, institutional adoption, and macroeconomic tailwinds like anticipated rate cuts.
Crypto Twitter is abuzz, with influencers calling it "insane conviction" and a potential precursor to a major rally. However, leveraged positions carry risks: a sharp downturn could trigger liquidations, amplifying volatility.
