Important points
- A crypto whale trader opened large long positions in Bitcoin, Ethereum, Solana, and XRP, totaling $325 million.
- Bitcoin and Ether account for more than two-thirds of the total positions.
The crypto trader, previously known for shorting Bitcoin and Ethereum, opened a $325 million long position in Bitcoin, Ether, XRP, and Solana on Friday, according to data from HyperDash.
Positions include 1,247 BTC worth $113 million, 36,249 ETH worth $112 million, over 506,000 SOL worth $70 million, and over 14 million XRP worth $30 million in total.
This trader’s unrealized profits exceed $300,000 at the time of writing.
According to CoinGecko, price movements remained slow, with Bitcoin trading mostly flat above the $90,000 level.
Ether also remained flat around $3,100, while Solana and XRP have outperformed over the past week, rising around 7% and 10%, respectively.
