Cumulative Profits of Nearly $54 Million: Whale Smart Money Increased Bitcoin Long Position by Over 40x in Less Than Half an Hour, and Shorted SOL and XRP by 20x Each

BlockBeats News, August 8th. According to on-chain data, a whale recently added to their Bitcoin long position by more than 40x in less than half an hour, increasing their holdings by 158.32 BTC. The current value of their holdings is $30.46 million, with an average entry price of $117,170. At the same time, the whale opened a 20x short position on SOL and XRP, with holdings totaling $13.66 million and $1.19 million, respectively.

This address currently still holds a 10x long position on BNB. The whale has accumulated a profit of nearly $54 million on Hyperliquid.