In recent days, notable activity has been observed among cryptocurrency whales and prominent investors in the Bitcoin and Ethereum markets. A mysterious whale, identified as @AguilaTrades, closed a 20x leveraged Bitcoin long position resulting in a $15.42 million loss across two trades. Despite this, whales have continued to open large leveraged long positions on Bitcoin, with one increasing a long position to $423 million, although currently down $3.2 million. Real estate investor Grant Cardone's company, Cardone Capital, announced plans to add 150 Bitcoin to its balance sheet in June, totaling $300 million in purchases. Meanwhile, Michael Saylor, co-founder of MicroStrategy, reiterated his bullish stance on Bitcoin, predicting it could reach $21 million in 21 years and urging the United States to secure 20% of Bitcoin's total supply. On the Ethereum front, whales have been actively buying after recent price drops, including purchases of 30,000 ETH worth approximately $72.9 million and another whale buying 17,070 ETH valued at $39 million, bringing holdings to $303 million. Some smart traders have profited from short positions, with one holding a 40,000 ETH short position valued at $90.3 million and unrealized profits exceeding $21 million. Additionally, wallets linked to the TRUMP token team have deposited over 12.54 million TRUMP tokens, worth about $150.68 million, into exchanges since late April, with the most recent transfer of 3.527 million tokens valued at $32.8 million to Binance. Overall, the market shows a mix of aggressive long positioning, strategic accumulation, and profitable short selling amid volatility.
BULLISH 🚨 A WHALE HAS JUST BOUGHT 17,070 $ETH WORTH $39 MILLION AFTER CRASH YESTERDAY HE NOW HOLDS $303M WORTH OF $ETH https://t.co/JNLwzgopqa
🐋 A WHALE HAS JUST BOUGHT 17,070 $ETH WORTH $39 MILLION AFTER CRASH. HE NOW HOLDS 132,536 ETH ( $303M ) WHILE YOU ARE PANIC SELLING, WHALES ARE LOADING UP YOUR COINS. https://t.co/n02Mh1L4u0
Real estate mogul @GrantCardone sees bitcoin treasury companies as the new gold rush, but he’s playing it safe💰 -Cardone pitched @saylor a conservative 85% real estate, 15% bitcoin fund. Saylor called it “pussyfooting” and pushed for 80% BTC. -Despite Saylor’s bold advice,