2026-01-07 10:28:27

Interesting on-chain activity. A major whale recently made $96.67 million through ETH swing trading, then transferred $15.5 million USDC to Hyperliquid, and directly used 20x leverage to go long on 980 BTC, a position valued at approximately $90.87 million.

More importantly, this institution is also holding 30,000 ETH spot, which is roughly $97.7 million at current prices. From the entire operation chain, they have a clear short-term outlook on BTC, while also maintaining confidence in Ethereum — they are willing to use leverage and hold large spot positions. This position combination reflects the market’s dual optimism towards mainstream cryptocurrencies.

ETH1,02%

BTC1,68%

USDC-0,01%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

15 Likes

Reward
15
10
Repost
Share

Comment

0/400

MidsommarWallet

· 01-10 08:36

Bro, this move is incredible. Making nearly a billion and still daring to use 20x leverage, truly fearless. Awesome, holding 30,000 ETH without selling. That’s real conviction. I’m impressed with this position combination—both aggressive and stable. Big players are adding to their BTC and ETH positions. What are we still hesitating for? Using 20x leverage to make nearly $100 million long, that’s some boldness. Holding 30,000 spot ETH—this institution is serious. The world of the wealthy is crazy. Making 96.67 million in one wave and then going all in again. They’re betting on the market. Not afraid of BTC and ETH both getting wiped out. With institutions positioning like this, should we follow or not?

View OriginalReply0

LiquidationWizard

· 01-10 06:27

Oh man, this guy made nearly a hundred million and then went all-in. He's got some skills. --- Playing BTC with 20x leverage, he's really bold. I need to learn from that. --- Holding 30,000 ETH in spot, is this true conviction or just gambling? --- This move by the institution clearly shows they expect a short-term rise. The market sentiment is strong. --- Wow, making nearly a hundred million in profit and then going all-in. His mental toughness is incredible. --- So the current signal is that big institutions are bullish. Should we follow or not? --- Playing both leverage and spot, he's putting all his chips on the line. --- This move seems a bit like a short squeeze, or maybe he really sees through something. --- Holding 30,000 ETH, such a volume dumping would be disastrous. --- After riding the wave, going all-in—either he's a genius or a big gambler.

View OriginalReply0

GateUser-6bc33122

· 01-09 20:11

Bro, with this move, you're going all in directly.

View OriginalReply0

CoconutWaterBoy

· 01-09 07:25

This big player is really bold, daring to leverage 20x to move over 90 million... a bit crazy, huh --- Holding 30,000 ETH and still daring to go all-in on leveraged BTC, is this genuine confidence or just throwing a tantrum? --- Made 96.67 million in one shot and then went all-in again, this mental toughness is incredible --- I don't quite understand the logic behind this institutional move; opening both spot and leverage positions, is it real money or just bluffing? --- Not even reducing ETH holdings, indicating they truly believe mainstream coins are about to take off. Are retail investors following or not? --- If I had this amount of capital, I would have already cashed out and won effortlessly. Why am I still hesitating here? --- It's terrifying—earning 100 million in a month and then continuing to play... ordinary people can't afford to play this game --- Leveraging to go long on BTC and stacking ETH in spot, is this guy a gambler or does he have insider information?

View OriginalReply0

TuntunWillDefinitelyGetRich.

· 01-07 13:55

Let's go!

View OriginalReply0

ParallelChainMaxi

· 01-07 10:57

This guy made nearly a hundred million and still dares to use 20x leverage. Really not afraid of liquidation.

View OriginalReply0

WhaleWatcher

· 01-07 10:57

This guy made 96.67 million and still dares to use 20x leverage. Now that's true conviction. 30,000 ETH just sitting there, and institutions are playing like this now. Wait, is this sending a signal to the market? Big players are different—they gamble very decisively. Holding spot assets but still using leverage to go long—that's the pace I like.

View OriginalReply0

OnChainDetective

· 01-07 10:49

ngl, that wallet clustering pattern is screaming coordinated accumulation... 20x leverage on 980 btc right after dumping eth profits? either they've got insider signals or this is textbook pump setup waiting to happen.

Reply0

MergeConflict

· 01-07 10:39

This guy made over 96 million and still dares to go long with 20x leverage, really bold. I'm here worried about stop-losses all the time. This big player’s move is telling us that the story of BTC and ETH is not over yet. Holding 30,000 ETH spot, now that’s faith, unlike me constantly debating whether to cut losses. 20x leverage, a sudden extreme fluctuation can wipe out your margin, really gutsy. This is the difference between institutions and retail investors. They dare to add leverage after making profits, while my small gains have already paid off.

View OriginalReply0

AirdropHustler

· 01-07 10:29

This big player definitely has some skills. They made nearly 100 million and went all-in on BTC with 20x leverage. That's some serious guts. They're also holding onto 30,000 E tokens. Are they truly optimistic or just gambling... Institutions are betting on BTC and ETH soaring together. So what are we retail investors waiting for? I can't replicate this position strategy, but at least it shows that big money is flowing this way.

View OriginalReply0