Whale Buys $24M in BTC After Scoring $9M Profit in April

By: bitcoin ethereum news|2025/05/04 06:00:04
0
Share
copy
Crypto whale nets $9 million profit in 22 tokens, defying recent market pullbacks. Whale’s 309 BTC buy at $79,792 now holds $5 million unrealized gain as BTC climbs. Bitcoin dips 0.88% daily, while Ethereum and altcoins show mixed weekly momentum. A crypto whale has emerged as a top-performing trader over the past month, reaping more than $9 million in realized profits across a basket of 22 tokens. According to Lookonchain data, the individual investor maintained long positions in prominent cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Litecoin (LTC), XRP, and Chainlink (LINK). This substantial gain comes despite mild pullbacks in the broader market over the past 24 hours. In addition to the realized profits, the same whale recently acquired 309 BTC, valued at approximately $24.68 million. The purchase was made at an average price of $79,792 per coin. 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 With Bitcoin trading at $96,001.19 as of press time, this position now holds more than $5 million in unrealized profit. Such aggressive accumulation suggests strong confidence in Bitcoin’s continued long-term upside. Major Coins Pull Back Slightly Despite Recent Gains The whale’s activity contrasts with slight pullbacks in major coins over the last day. Bitcoin, despite the recent surge, recorded a modest 0.88% dip over the past 24 hours. Still, it remains up 1.92% on the week. The market leader now commands a capitalization of $1.9 trillion, supported by a circulating supply of 20 million BTC. Ethereum mirrored this trend with a 0.22% daily decline but managed to climb 1.17% over the past seven days. ETH is priced at $1,824.92, giving it a market cap of $220.35 billion. Solana faced increased selling pressure, falling 1.97% in the last 24 hours and 1.53% over the week. Priced at $147.16, its market cap stands at $76.25 billion. Litecoin’s price action was slightly more stable, with a 2.39% daily drop but a 0.20% weekly gain, bringing LTC to $86.84. Altcoins Show Mixed Sentiment as Whale Moves Draw Interest Other large-cap altcoins showed mixed results during the same 24-hour period. XRP continued its recent downtrend, dipping 0.93% in the last 24 hours and 0.68% over the week. It is trading at $2.19, pushing its total market cap to $128.31 billion. Chainlink fared worse, with a 2.17% daily drop and a 3.96% weekly loss. LINK trades at $14.35, giving it a market value just under $9.5 billion. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company. Source: https://coinedition.com/whale-bitcoin-buy-april-2025-profit-btc-eth-sol/

You may also like

Dune Stablecoin Research: The Flow and Demand of a $300 Billion Market

In the dataset, transfers are no longer simply labeled as pure "transaction volume," but are classified as different on-chain activities. This is the difference between "just knowing that $100 trillion has been transferred" and "understanding why it was transferred."

Stripe Annual Letter: New cognitive density is extremely high, especially the 5-level model of "AI + Payments"

Every trend here is affecting everyone's future survival.

Sam Altman's Twenty-Four Hours: The Pentagon said "no" twice, but only one was serious

In Silicon Valley, Altman's sub-12-hour move has a name. It's not called backstabbing, it's called timing.

The US-Iran Conflict Spreads to the Crypto Space: What to Expect in the Market on Monday

The most important industry in the crypto world, only 300 kilometers away from the missile's impact point

Lily Liu, the chair of the Solana Foundation, shouted "Don't waste time on crypto," is the crypto industry really dead?

The interest of the younger generation is shifting from cryptocurrency to the field of artificial intelligence, which coincides with the current phenomenon in the cryptocurrency industry.

The little deer live by the water and grass

Mining companies have never been the most devout believers in Bitcoin. Under the pressures of halving compressing profits, financial reports showing revenue growth without profit increase, and coin prices falling below mining costs, the industry is collectively de-risking.

Popular coins

Latest Crypto News

Read more