Whale Shifts to Full Long Exposure on Major Cryptos
According to the latest on-chain monitoring by Onchain Lens, a whale previously known for selling 255 BTC has completely exited short positions and is now aggressively taking long positions in major crypto assets.
This strategic move reflects strong confidence in the market outlook. The total value of its long exposure now stands at $351 million, covering Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and FARTCOIN.
Position Breakdown: High Leverage Amplifies Both Gains and Risks
- Long position of 2,151.75 BTC with 20x leverage, worth $209.69 million
- 29,823.51 ETH longs at 20x leverage, valued at $100 million
- 265,236.44 SOL with 20x leverage, totaling $39.07 million
- 4.64 million FARTCOIN longs with 10x leverage, worth $2 million
Market Impact and Trend Forecast
The whale’s positioning highlights a strong bullish bet on leading crypto assets, especially BTC, ETH, and SOL, where high-leverage bets are concentrated. Should the uptrend continue, it could trigger further momentum.
However, high leverage also increases liquidation risks. A sudden market correction may result in forced exits, adding downward pressure to already volatile assets.