Big Bitcoin Bet as BTC Whale Doubles Down With $393 Million Long Position

On-chain knowledge reveals that an unknown massive market participant has opened a number of mindblowing lengthy positions for bitcoin with a median worth of simply over $103,000.

Broadcasting dwell knowledge from the alternate it was opened on – Hyperliquid, CoinGlass’s dwell feed reveals that the liquidation worth is ready at $95,576.

A WHALE JUST OPENED $276 MILLION
40X LONG POSITION ON BITCOIN

THE LIQUIDATION PRICE IS $95,000

WHALE OR INSIDER ? pic.twitter.com/79Aopmbl1m

— Ash Crypto (@Ashcryptoreal) May 17, 2025

Quite a few crypto content material creators and influencers picked up the huge place on Saturday night, which at first was price a extra modest $276 million. The preliminary entry worth was $103,129.

Nonetheless, dwell knowledge from CoinGlass reveals that the mysterious whale capitalized on a quick alternative they’d when bitcoin’s worth slipped under $103,000 to double down on their place, which is now price over $393 million (3,790 BTC).

The entry worth has been lowered to $103,083, however the liquidation nonetheless stands at simply shy of $95,600. Given BTC’s present price ticket of virtually $104,000, the whale stands on a “modest” unrealized revenue of $3.3 million as of now.

There have been fairly a number of instances previously couple of months wherein mysterious whales opened massive positions on Hyperliquid that caught the group’s consideration. Recall one other example from March this 12 months when somebody opened a large multi-million-dollar quick place.

Later, in style crypto sleuth ZachXBT claimed that this was William Parker, a UK particular person linked to a $1 million on line casino theft amongst different scandals.

Based on the experiences, Parker profited round $20 million through the use of extraordinarily excessive leverage to open positions price lots of of tens of millions of {dollars}, which allowed him to govern the market.