According to HyperInsight monitoring, on February 2nd, a major whale address starting with 0xffbd aggressively added 2,002.67 ETH long positions, worth approximately $4.5M, with an average entry price of $2,245.1. As a result, the whale's total long position holdings have now reached $157M.

Currently, the whale's portfolio spans multiple major cryptocurrencies, but most positions are underwater. Here's a breakdown of the key holdings:

  • BTC Longs: Holding 853.9 BTC worth around $66M, currently down approximately $1.96M, with an average price of $79,049.
  • SOL Longs: Holding 380,000 SOL valued at roughly $38M, with unrealized losses of about $4.66M, at an average price of $114.
  • ETH Longs: Holding 13,000 ETH worth approximately $29M, currently up $130K, with an average price of $2,232.

While the ETH position is slightly in the green, the BTC and SOL positions are deeply underwater, putting pressure on the overall portfolio. Analysts suggest the whale's aggressive accumulation could signal long-term bullish sentiment, though short-term volatility remains a key risk factor.