The "100% Win Rate Whale," a well-known participant in the crypto space recognized for an unbroken 14-trade winning streak since October 14, has continued to hold its long positions through recent market turbulence, as noted in a
Lookonchain update
. During the sharp downturn earlier this week, the whale's portfolio saw unrealized losses reach $18 million, but a subsequent market recovery narrowed those losses to $8.4 million, according to Lookonchain. Most of the loss was linked to a
Solana
(SOL) long position established after news related to ETFs, while
Bitcoin
(BTC) and
Ethereum
(ETH) trades are close to breaking even, Lookonchain reported.
This whale's trading approach has attracted considerable interest, with blockchain analytics platform Lookonchain emphasizing its disciplined tactics in a
Benzinga article
. Since October 14, the trader has completed seven successful trades, including leveraged bets on
BTC
,
ETH
, and SOL, accumulating $13.4 million in unrealized profits, Benzinga reports. The average entry for the BTC position is $110,680, with a liquidation point at $77,725, while the ETH position was entered at $3,929, with liquidation at $2,777, according to Benzinga. Analysts believe that if this momentum continues, the whale's moves could shape price action in November, Benzinga adds.
This performance stands in contrast to another whale who is currently facing $1.85 million in unrealized losses as Bitcoin approaches a key liquidation level, according to a
Bitget analysis
. The differing strategies among whales highlight the high-risk environment of leveraged trading in a market still unsettled by geopolitical events and changing risk tolerance, Bitget notes. In addition, a whale associated with Trump recently exited a $200 million Bitcoin short, securing $6.4 million in gains and prompting discussions about possible market manipulation, Bitget reports.
Institutional moves further illustrate the sector's vibrancy. Reliance Global Group has increased its digital asset portfolio by acquiring Solana, adding to its existing Bitcoin, Ethereum, and other token holdings, as detailed in a
CardanoFeed article
. This acquisition fits the company's strategy to use Solana's fast and cost-effective blockchain for liquidity and risk management, CardanoFeed notes. Meanwhile, Visa has announced support for four stablecoins across four blockchains, a development experts see as significant for international payments and industry expansion, according to
The Block
.
The crypto sector's volatility has also led to increased consolidation. FalconX's purchase of 21Shares and Coinbase's acquisition of Echo are part of a larger trend that could push M&A activity beyond $10 billion by 2025, according to Bitget. Regulatory shifts add further complexity, with Crypto.com now seeking a U.S. federal banking license to broaden its custody offerings, Bitget adds.
At present, the achievements of traders like the "100% Win Rate Whale" provide a note of optimism. Their skill in navigating market swings shows that with the right strategy and timing, substantial gains are possible even in volatile conditions, according to
Yahoo Finance
. As the industry faces ongoing regulatory and geopolitical challenges, the actions of major traders continue to serve as a key indicator of institutional sentiment and market direction, Lookonchain concludes.
