The signals from crypto whales indicate increased confidence in the market's future
The latest on-chain monitoring from Hyperinsight shows that strong and strategic activity among major crypto whales in the past 24 hours has enhanced optimism about the next phase of the digital asset market. A well-known whale, 1011 Insider, continues to hold a leveraged long position in ETH, with five times leverage, currently realizing a profit of over $1.1 million. No reduction in position has been made, indicating stable confidence in Ethereum.
Meanwhile, a whale known as Maji has adjusted positions again, actively increasing long exposure in $ETH and $HYPE before closing out on $BTC. Maji now holds a long position worth $23.85 million, with additional entries still ongoing, demonstrating strong confidence in the broader crypto uptrend.
Another whale has shown a perfect record of success this week, opening a three-times leveraged short position in BTC with $90.3 million six hours ago. This trader has made over $11.29 million in profits over the past 50 days, reflecting sharp market timing.
Spot market whales are also active. A legendary ETH holder who interacted with Ethereum a decade ago has returned to accumulate. Since yesterday, this early adopter has purchased 7,318.56 ETH at an average price of $3,016.09, totaling $22.07 million. The renewed interest from long-term players often reflects a deeper belief in future growth.
The crypto market remains a rapidly changing environment, with potentially high price volatility.
