#数字资产行情上升 $BTC $ETH Another big move! The underlying logic behind a crypto whale’s $16 million in unrealized gains

Yesterday, an interesting story made the rounds in the market—a massive on-chain whale who once held over 50,000 BTC has made another move. This time, he deposited $50 million into a major spot exchange and increased his long position on ETH. His total position has now exceeded $267 million, with unrealized gains reaching $16 million. That’s a 30% return, with his average price rising from $3,068 to $3,108.

Who is this guy? After holding BTC for eight years, he shifted his focus to ETH over the past two years. What’s even more impressive is that every time he goes big, it’s right at a key market moment. For example, before the big drop on “10.11,” he had already positioned himself with shorts and ended up making nearly $100 million. Now he’s using 5x leverage to go long on ETH—clearly he’s picked up on something.

What signal is the capital flow sending?

There are generally two reasons why a whale can consistently time the market so well: keen insight into market policy, or a deep understanding of technicals. With recent changes in the US policy environment and rising market sentiment, ETH—being the core asset of the on-chain ecosystem—may indeed be entering a new opportunity window. Whale moves often indicate the broader direction of capital flows.

How should retail investors respond?

It’s not recommended to blindly follow, but this is worth watching. ETH’s price action warrants close attention. If a rebound does kick off, gradually building a small position could be a good approach. Key points:

• Avoid going all-in, and definitely don’t use high leverage;
• Set stop-losses and don’t let short-term volatility throw you off;
• Use capital flows as a reference, but don’t forget your own risk tolerance.

Crypto market rebounds often bring opportunities, but also risks. Whales profit from insider info and capital advantages. What we can do is analyze rationally, follow the trend, and always keep risk under control.