Crypto Whales Make Bold Moves With Millions on the Line
The post Crypto Whales Make Bold Moves With Millions on the Line appeared on BitcoinEthereumNews.com.
Altcoins The past two days have been anything but quiet in crypto markets as several large holders, known as whales, moved millions across exchanges and DeFi platforms. Their aggressive trades — from heavy leverage bets to massive sell-offs — have sparked attention among analysts watching for signals of where the market could head next. One whale shocked traders by moving over $5 million in USDC onto HyperLiquid before going all-in with extreme leverage. The wallet opened 20x longs on Ethereum, 40x longs on Bitcoin, and further bets on tokens like HYPE, LINK, AAVE, and Maker. But the same wallet also dumped more than 123,000 LINK tokens for around $3.1 million, cashing out through TrustWallet and then redeploying the funds into yield strategies on Compound and Aave. Despite the sell-off, the whale is far from out of the game — still holding over $10 million worth of LINK. Another heavyweight player surfaced shortly after, depositing more than $15 million in USDC. Their positions? Leveraged longs on Bitcoin and Binance Coin, alongside pending buy orders for Ethereum, Solana, LINK, and even the memecoin FARTCOIN. Not all activity came from active traders. A previously silent wallet returned after eight months, dropping $1.5 million in USDC to take a long position on WLFI with minimal leverage. Meanwhile, the infamous Coinbase hacker, who stole over $300 million in 2024, unexpectedly joined the action by scooping up 38,126 SOL worth $8 million in the past few hours. Perhaps the most remarkable move came from a long-term ETH whale. After nearly a decade of holding, he deposited 1,400 ETH ($6.6 million) into Kraken, booking a staggering $102 million profit from coins originally bought in 2015 for just $258,000. Even after the sale, the address still sits on more than 13,000 ETH valued at $64 million, with a…
Filed under: News - @ August 25, 2025 7:26 am