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Whale wallet opens $50M leveraged long positions in Bitcoin and Ether

Market News
09 Oct 2026
Tokenpost
View Source
Neutral
Whale wallet opens $50M leveraged long positions in Bitcoin and Ether

A whale wallet increased its exposure to Bitcoin (BTC) and Ether (ETH) by opening a 25x leveraged long position on 11,500 ETH worth $28.72 million. The same whale also holds additional long positions of 200 BTC and 2,000 ETH valued at $21.58 million, showing an unrealized gain of $753,000. This move highlights significant confidence in the two largest cryptocurrencies despite a minor unrealized loss on the leveraged ETH trade. The combined positions indicate a strong bullish stance on BTC and ETH in the current market.

The whale wallet's leveraged long position on Ether is valued at $28.72 million, indicating significant market activity. For readers following cryptocurrency markets, here is Pluang's market snapshot as of Oct 09, 2026 20:32 WIB: out of 50 major cryptocurrencies, 15 rose and 34 fell today. Notable movers include CRV with a 1-day change of -6.65% and Pluang order activity at 90% Sell / 10% Buy, BCH down 6.57% with a near-even buy/sell split, and SAND down 6.11% with 69% Sell activity.

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