BTC whale who shorted the October crash returns with an even larger bullish position
The post BTC whale who shorted the October crash returns with an even larger bullish position appeared on BitcoinEthereumNews.com.
The BTC whale that shorted the market just before the October crash is back – this time with an even larger long position. Over the past few days, the 1011 whale, as the trader is known, carried some of the biggest long positions on BTC, ETH, and SOL. The trader, known as the 1011 whale, has opened three of the largest long positions. This time, the closely watched trader posted a reverse signal, becoming more bullish despite the fearful market sentiment. The overall position of the whale is above $500M, surpassing even the short positions before the market dropped. The current long positions on Hyperliquid is the largest for the known trading wallets of the whale. The whale that shorted BTC in October returned with an even larger long position, betting on a market recovery. | Source: Hyperliquid. The 1011 whale, identified as Garrett Jin, was suspected of trading on insider information when building the October short position, just hours ahead of one of the year’s biggest crashes. This time around, the whale’s positions are even larger than the previous market short. Unlike other whales on Hyperliquid, the 1011 whale rarely sees deliberate counter-trading and attempts at getting liquidated. The whale returned at the end of November, building up an ETH long position first, then moving in to bet on a BTC expansion. He also placed limit orders on ETH at the $3,030-$3,150 range, and a SOL order at $138.6. ETH traded at $3,245.29, while the whale was ready to buy a dip with the expectations of a recovery. SOL was at $138.84, hovering just above the whale’s buying range. BTC whale returns as the market faces another crossroad The BTC whale returned at a time when the crypto market faced another period of uncertainty. BTC recently dipped below $90,000,…
Filed under: News - @ December 12, 2025 9:08 am