Whale opens a new $6.17 million long position, betting on a market rise with 40x leverage

2026-01-07 09:27:42

A certain whale is optimistic about the future market trend and has opened multiple new high-leverage long positions today, with a total scale of $6.17 million. This whale employs an aggressive leverage strategy, using 40x leverage on BTC and 25x leverage on ETH, while also holding a 10x leveraged position in kPEPE. Currently, ETH is trading near $3,222, slightly below the whale’s average entry price, but the whale continues to add to its positions, releasing a clear bullish signal.

Whale Position Details

According to the latest information, the specific holdings of this whale (address 0x49c8e) are as follows:

Asset	Leverage	Position Size	Average Entry Price	Unrealized Profit/Loss
BTC	40x	50.21 BTC	$91,932.4	Unrealized profit of $9,000
ETH	25x	1,912.22 ETH	$3,247.31	Unrealized loss of $35,600
kPEPE	10x	726 million tokens	$0.005735	Unrealized profit of $775,000

Signals Behind the High Leverage Strategy

The position structure of this whale reveals several key insights:

Aggressive Bullish Stance: Using 40x leverage to go long on mainstream assets like BTC indicates a very strong confidence in the market’s upside. Such high leverage operations typically suggest the whale expects significant upward movement.
Layered Asset Allocation Strategy: Different assets are assigned different leverage levels (40x, 25x, 10x), reflecting the whale’s layered understanding of risk and opportunity across assets. BTC has the highest leverage, indicating the strongest confidence in BTC’s rise.
Balance of Risk and Reward: Although kPEPE has the lowest leverage (10x), it shows the highest unrealized profit ($775,000), demonstrating that the whale has also gained substantial returns from high-risk assets.

Relationship Between Price and Positions

Interestingly, the ETH position is currently at an unrealized loss. Data shows ETH is trading at $3,222.32, while the whale’s average entry price was $3,247.31, a decline of about 0.77%. Despite this, the whale continues to hold and add to its positions, further confirming its bullish outlook. This may also imply that the whale considers the current price a buying opportunity.

Market Context

From a broader market perspective, ETH has increased by 8.51% over the past 7 days and 2.06% over the past 30 days, indicating an overall positive trend. ETH’s current market cap is $38.892 billion, accounting for 12.29% of the crypto market. As the second-largest crypto asset, its performance is an important reference for the entire market.

Summary

This whale’s establishment of large-scale high-leverage long positions sends a clear bullish signal to the market. Although $6.17 million is not the largest scale among whales, employing such an aggressive strategy with 40x leverage demonstrates a strong bullish expectation for the future. Notably, even though the ETH position is currently at a loss, the whale continues to increase its holdings, which is often interpreted by the market as a “bottom accumulation” signal. However, high leverage operations carry significant risks, and subsequent price fluctuations could quickly impact these positions. Market participants should closely monitor the whale’s subsequent actions.

BTC-0,59%

ETH-1,16%

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