After banking $2.3M after a month-long luck streak, this crypto whale goes hard on a selection of major-cap altcoins.
A crypto trader who has made 29 long plays on Bitcoin (BTC) & several altcoin prices is back with a few new altcoin gems. Making over $2.3 million in a month according to LookOnChain’s estimates, this particular crypto whale has now dipped its toes in 4 crypto currencies with double-digit leverages.
Profitable Crypto Trader Thinks Bitcoin Has More Upside
Among the bravest plays is the 40-times leveraged long Bitcoin (BTC) price position, currently valued at $29.5 million. Right now, this BTC price play is $173,855.5 in unrealized profit. However, the crypto whale’s latest altcoin choices have brought miscellaneous results, with only one out of three being in the green.
This multi-million dollar Bitcoin guru aped into Ethereum (ETH), Solana (SOL) & Chainlink (LINK) with varying degrees of leverage. For one, the profitable major crypto player has put in a 25x leveraged play on Ethereum’s price. Currently, this position is the biggest, valued at $32.14 million while being $153K in the red.
Solana Price Play Puts Whale’s Pockets $1M In The Hole
On the other hand, this crypto whale’s portfolio is enriched with Solana (SOL) & Chainlink (LINK), but one of these positions is down over $1 million so far. Indeed, the 10x play on Chainlink (LINK) has this trader at status quo, while the 20x Solana (SOL) price prediction leaves the crypto whale’s pockets slimmer by $1 million.
Entering Solana’s (SOL) price roller-coaster at $152.62, the crypto whale witnessed a pullback to $146.29, erasing 89% of the initial capital. However, there’s still a way to go for liquidation, which is set at $99.49. Indeed, Solana (SOL) stood in the triple-digit price range ever since the April 7, 2025 dip.
Further on, the upcoming second release of an Android-based Solana phone & the rising odds of a Solana exchange-traded fund (ETF) hitting this year could be the game-changer the Solana community longs for. Currently, SOL price stays in phased consolidation, moving up 1% since last week, CoinGecko says.
Meanwhile, Chainlink (LINK) is still 75% down from its $52.7 all-time high despite numerous partnerships inked this year,unleashing Chainlink’s cross-chain abilities via the Chainlink’s Cross-Chain Interoperability Protocol (CCIP). The cross-chain protocol was recently adopted by another TOP 20 crypto Hedera Hashgraph (HBAR). Following the news, LINK’s price hit $15, but couldn’t keep above the confluent resistance level for long, retracing to key support at $12.
On The Flipside
Why This Matters
Timing the market is a challenging task for any crypto trader, while using double-digit leverage magnifies both potential losses & gains to desired levels. Picking out long-term altcoin gems in a swiftly-shifting market mostly relies on fundamentals like utility, whale interest & genuine adoption.
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