The post 1,500,000 XRP Helps Whale Earn $9 Million, Here’s What Happened appeared on BitcoinEthereumNews.com.

XRP, BTC, ETH long whale earns $9 million in unrealized profit Bitcoin ETFs scoop up $311.43 million in inflows Analytics account Lookonchain on the X social media network spreads the word about a crypto whale who has succeeded in profiting on several top cryptocurrencies as he has been holding long positions in them over the past month. One of those coins is Ripple-affiliated XRP, of which he holds 1,500,000. You Might Also Like XRP, BTC, ETH long whale earns $9 million in unrealized profit Lookonchain shared that this anonymous whale has been holding long positions on the following coins over the past month: BTC, ETH, SOL, XRP, LINK and other 16 coins. In particular, he holds 1,500,000 XRP worth $3,297,900, 70.8197 BTC valued at $6,824,466, 5,000 ETH, 50,000 SOL and more. The tweet also said that in addition to those positions, the anon trader has purchased 309 Bitcoins worth roughly $24,680 at an average price of $79,792. This purchase has given him an unrealized profit of more than $5 million. A whale has been long $BTC, $ETH, $SOL, $LTC, $XRP, $LINK and other 16 tokens in the past month, with a total profit of more than $9M. Additionally, this whale bought 309 $BTC ($24.68M) at an average price of $79,792, currently sitting on unrealized profits of more than $5M.… pic.twitter.com/LVwmdlmUhf — Lookonchain (@lookonchain) May 3, 2025 Bitcoin ETFs scoop up $311.43 million in inflows Data on Bitcoin from the same data source reveals that on Friday, May 2, 10 spot Bitcoin ETFs experienced significant netflows, which were equal to approximately $311.43 million (that’s 3,215 in the Bitcoin equivalent). The largest inflow went into the BlackRock ETF IBIT — that was $352.17 million equal to 3,636 Bitcoins. The weekly inflows here constituted 21,521 BTC. Overall, BlackRock now holds an impressive 607,685…

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Filed under: News - @ May 3, 2025 8:16 pm