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Crypto Whale Nets Over $9M in Profits, Stacks 309 BTC Despite Market Dips

Crypto Whale Nets Over $9M in Profits, Stacks 309 BTC Despite Market Dips WikiBit 2025-05-04 06:04

A crypto whale has emerged as a top-performing trader over the past month, reaping more than $9 mill

A crypto whale has emerged as a top-performing trader over the past month, reaping more than $9 million in realized profits across a basket of 22 tokens. According to Lookonchain data, the individual investor maintained long positions in prominent cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Litecoin (LTC), XRP, and Chainlink (LINK). This substantial gain comes despite mild pullbacks in the broader market over the past 24 hours.

In addition to the realized profits, the same whale recently acquired 309 BTC, valued at approximately $24.68 million. The purchase was made at an average price of $79,792 per coin.

A whale has been long $BTC, $ETH, $SOL, $LTC, $XRP, $LINK and other 16 tokens in the past month, with a total profit of more than $9M.

Additionally, this whale bought 309 $BTC ($24.68M) at an average price of $79,792, currently sitting on unrealized profits of more than $5M.…

— Lookonchain (@lookonchain) May 3, 2025

With Bitcoin trading at $96,001.19 as of press time, this position now holds more than $5 million in unrealized profit. Such aggressive accumulation suggests strong confidence in Bitcoins continued long-term upside.

Major Coins Pull Back Slightly Despite Recent Gains

The whales activity contrasts with slight pullbacks in major coins over the last day. Bitcoin, despite the recent surge, recorded a modest 0.88% dip over the past 24 hours. Still, it remains up 1.92% on the week. The market leader now commands a capitalization of $1.9 trillion, supported by a circulating supply of 20 million BTC.

Ethereum mirrored this trend with a 0.22% daily decline but managed to climb 1.17% over the past seven days. ETH is priced at $1,824.92, giving it a market cap of $220.35 billion.

Solana faced increased selling pressure, falling 1.97% in the last 24 hours and 1.53% over the week. Priced at $147.16, its market cap stands at $76.25 billion. Litecoins price action was slightly more stable, with a 2.39% daily drop but a 0.20% weekly gain, bringing LTC to $86.84.

Altcoins Show Mixed Sentiment as Whale Moves Draw Interest

Other large-cap altcoins showed mixed results during the same 24-hour period. XRP continued its recent downtrend, dipping 0.93% in the last 24 hours and 0.68% over the week. It is trading at $2.19, pushing its total market cap to $128.31 billion.

Chainlink fared worse, with a 2.17% daily drop and a 3.96% weekly loss. LINK trades at $14.35, giving it a market value just under $9.5 billion.

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