The recent upswing in the crypto market, driven by softer U.S. inflation figures and hopes for a Federal Reserve rate reduction, has prompted large-scale traders to significantly boost their long positions in
One standout is wallet 0xc2a3, a trader with a flawless record, who has grown his
The optimistic outlook is not limited to BTC and ETH. Whale 0x71a0 has locked in over $5 million in unrealized gains across ETH, SOL, PUMP, and FARTCOIN, with preset limit orders for ETH and altcoins ranging from $4,300 to $1, according to the report. Likewise, wallet 0xC50a has used 40x leverage on BTC and 25x on ETH, while another investor holding a 5x long in HYPE is sitting on a $9.5 million unrealized profit. These actions point to a broader embrace of riskier strategies as traders anticipate a continued market recovery.
Still, Bitcoin’s price path remains uncertain. Data from Hyperliquid indicates that whales such as 0x9553 and 0x6988 have opened substantial leveraged long positions—$19.94 million in BTC and $18.71 million in ETH—according to a
Nevertheless, trading volume patterns and whale accumulation suggest possible stabilization ahead. Lower sell pressure on short-term charts and strategic asset shifts—such as a major whale moving from SOL to ETH—signal preparations for a potential rebound, according to BeInCrypto. Should macroeconomic factors improve and expectations for Fed rate cuts strengthen, Bitcoin may challenge the $114,000–$116,000 resistance area by mid-November, CoinPedia projected.
The next few weeks will reveal the market’s durability. The assertive moves by whales indicate they see the current dip as a short-term pullback rather than a lasting decline. For now, the interplay between bearish trends and informed large-scale bets will determine Bitcoin’s direction.