The mysterious trader dubbed the "100% Win Rate Whale," renowned for consistently profitable crypto trades, has once again increased its long holdings in
This whale's recent activity comes as the broader market recovers, buoyed by optimism over U.S.-China trade talks. On October 26, the two countries reached a tentative deal to postpone rare earth export restrictions, pushing the total crypto market cap to $3.83 trillion, as stated in a
Interestingly, the whale recently resumed its Ethereum long position after a short break. HyperInsight data shows that the address (0xc2a) started buying ETH longs again at prices between $3,800 and $3,880, despite currently facing an unrealized loss of $3.2 million, according to a
The whale's investment approach is not limited to Bitcoin and Ethereum. In another move, a major holder sold 99,979 SOL ($18.5 million) and bridged the funds to Ethereum, purchasing 4,532 ETH, according to a
This trader's perfect win record has attracted significant attention, as such consistency is rare in the highly volatile crypto space. Blockchain data indicates that the 0xc2a address has earned $17 million in profits over the past two weeks without any losses, according to Yahoo Finance. This remarkable performance has sparked renewed debate about how whale activity shapes overall market sentiment, especially as the usual "Uptober" bullishness meets ongoing geopolitical tensions.
Experts point out that the whale's trades are in line with broader institutional movements. Ethereum treasury entities have now surpassed their Bitcoin counterparts in terms of circulating supply dominance, reflecting increased interest in yield-generating assets after the Proof-of-Stake upgrade, as highlighted in a