Mystery Whale Strikes Again: $560 Million Long Bets on BTC, ETH, SOL

【Blockchain Rhythm】 An interesting development has occurred.

In the past 4 hours, that mysterious whale tagged 0xb31 has made a big move—simultaneously opening long positions in BTC and SOL, and continuously adding to them. Currently, he has about $91.83 million worth of BTC longs sitting there, with an average cost of $91,500, and an unrealized profit of $350,000, a 1.5% increase. On the SOL side, it’s even more aggressive, with a holding of $13.63 million, an average price of $135, and a floating profit of 9%, earning $60,000.

Not only that. On ETH, he’s even more aggressive, placing a wall of buy orders worth $92.7 million in the $3030 to $3150 range. Last night at 11 PM, when ETH was at $3190, he added a long position. Now? The total ETH holdings have surged to $452 million, with an average cost of $3179, an unrealized profit of $7.25 million, and an 8% return.

Adding all the longs together, this guy’s current position size has reached $560 million. What does this number mean? It surpasses the $500 million BTC short position he built before the market crash on October 11—an operation that earned him nearly $100 million.

The capital flow is also worth analyzing. From the evening of December 7 to the morning of the 8th, he transferred $70 million in batches from a major exchange wallet to Hyperliquid, then opened a 5x leveraged ETH long position at a cost basis of $3048. On the 10th, he transferred in another $50 million to add more, and today, even more aggressively, directly投入 $110 million.

This address is not simple. It belonged to an OG-level player who held over 50,000 BTC and had been sleeping for 8 years. Later, he gradually exchanged some BTC for ETH. What’s more sinister is that his timing of operations always seems to align with policy moves on the US side. Garrett Jin, CEO of BitForex, previously revealed that this address is related to one of their clients.

The market is watching how this whale moves.