Crypto Prices: Bitcoin, Ethereum, and Solana Long Trades In Spotlight
The post Crypto Prices: Bitcoin, Ethereum, and Solana Long Trades In Spotlight appeared on BitcoinEthereumNews.com.
Bitcoin, Ethereum, and Solana long trades stayed in focus this week as the market recovered. Top trader TheWhiteWhaleHL held firm, while big institutions made fresh moves in Ethereum and Solana. This simply shows continued interest despite recent price swings. Top Trader Holds Big Positions in ETH, SOL, and BTC It is worth noting that after a shaky week for crypto prices that saw many traders lose money, one name stayed on top. On-chain data shared by Lookonchain showed that TheWhiteWhaleHL kept the number one spot on the trading leaderboard. While the market drop pushed others out, this trader held strong long positions in three major cryptocurrencies. The data revealed that the trader held 48,405 ETH worth about $181 million. Likewise, 810,717 SOL, which is worth $152 million, and 223 BTC, valued at $26 million. Market Trade Outlook | Source: Lookonchain Altogether, the trader’s unrealized gains totaled approximately $33 million. These long trades stood out at a time when many traders were forced to exit their positions. It is worth noting that even amid market swings, some traders remained confident. The move by TheWhiteWhaleHL demonstrated that certain players were willing to hold through the uncertainty, likely expecting crypto prices to rebound. Bitcoin and Stablecoins Could Help, Not Hurt, the Dollar In a separate update, Anatoly Yakovenko, one of the founders of Solana, shared his thoughts on the current conversation surrounding Bitcoin and stablecoins. Per his recent statement, he said that these digital assets could support the U.S. dollar, rather than weaken it. He explained that Bitcoin is too volatile for everyday use. People would not want to use it to buy oil or get a mortgage. However, stablecoins, which the U.S. Treasury often backs, make such use possible. He added that the demand for stablecoins also leads to higher demand for…
Filed under: News - @ July 27, 2025 4:32 pm