Recently, there has been an interesting development — the whale claiming to hold $11 billion worth of Bitcoin has started to re-enter the market. This guy gained fame last year for precisely bottom-fishing, and now he's making a move again, heavily betting on price increases on Bitcoin, Ethereum, and Solana.

Specifically, the whale first cashed out $330 million worth of Ethereum, then opened three leveraged long positions with a total size of $748 million. The most aggressive is the Ethereum long position, with a scale of $599 million, an average entry price of $3,147. If Ethereum falls below $2,143, this position will be liquidated — the risk factor is quite high.

Interestingly, this position is currently at a floating loss, with a loss of about $49 million. Normally, most people might choose to cut losses, but this whale clearly didn't. From his trading logic, he's actively positioning for a short-term rebound in Bitcoin, Ethereum, and Solana. After all, someone holding such a large position often indicates confidence in the market’s subsequent trend.

In comparison, smart money traders are still net shorting these mainstream tokens, creating an interesting contrast. Whether retail investors' pessimistic outlook will outweigh this whale’s optimistic layout, or whether large funds can ultimately turn the tide, may take a few weeks to verify. But based on historical performance, this whale’s market intuition remains quite sharp.