cryptocurrency

BTC Whale Leverages $37.97M Position with Average Entry at $89,919 and $1.977M Unrealized Profit – Key Insights for Bitcoin Traders – Blockchain News


In a striking move within the cryptocurrency market, a prominent Bitcoin whale, who initially started leveraging long positions on BTC at a price of $84,540, has once again increased their exposure as reported on April 26, 2025, at 10:00 AM UTC by Twitter user Ai_9684xtpa. Just ten hours prior to the report, at approximately 12:00 AM UTC on April 26, 2025, this whale borrowed an additional 8.7 million USDT and purchased 91.27 WBTC at an average price of $95,319.58. This latest acquisition brings their total collateral to 400.91 WBTC, with a cumulative borrowed amount of 25.18 million USDT. The average entry price for their long position stands at $89,919, with a liquidation price set at $80,546. As of the latest data at 10:00 AM UTC on April 26, 2025, this whale is sitting on an unrealized profit of $1.977 million, showcasing a significant bullish stance on Bitcoin’s price trajectory (Source: Twitter @ai_9684xtpa, April 26, 2025). This move comes amidst a volatile yet upward-trending market for BTC, with the asset’s price hovering around $95,000 during the same period, according to CoinGecko data timestamped at 11:00 AM UTC on April 26, 2025. The whale’s aggressive leveraging strategy highlights confidence in Bitcoin’s potential to break past key resistance levels, drawing attention from traders searching for Bitcoin whale activity, BTC price analysis, and leveraged trading strategies. This event is particularly noteworthy for those monitoring large wallet transactions and their impact on market sentiment, as such actions often precede significant price movements in major cryptocurrencies like BTC and related trading pairs such as BTC/USDT and WBTC/USDT. The scale of this position, now valued at approximately $37.97 million as of 10:00 AM UTC on April 26, 2025, underscores the whale’s influence and the potential ripple effects on market dynamics (Source: Twitter @ai_9684xtpa, April 26, 2025).

Read More   Stripe partners with Paxos to launch stablecoin payments platform

Delving into the trading implications, this whale’s actions provide critical insights for both retail and institutional investors looking to capitalize on Bitcoin market trends as of April 26, 2025. The decision to borrow an additional 8.7 million USDT at 12:00 AM UTC and buy WBTC at $95,319.58 suggests a strong belief in Bitcoin’s short-term bullish momentum, especially as the price has already appreciated significantly from their average entry of $89,919 (Source: Twitter @ai_9684xtpa, April 26, 2025). This move aligns with broader market sentiment, as Bitcoin’s trading volume across major exchanges like Binance and Coinbase saw a 12% increase in the 24 hours leading up to 11:00 AM UTC on April 26, 2025, reaching approximately 28,000 BTC traded on Binance alone (Source: CoinGecko, April 26, 2025). For traders focusing on BTC/USDT and WBTC/USDT pairs, this whale’s position could signal an upcoming push toward the $100,000 psychological barrier, a key level watched by many in the crypto trading community. On-chain data from Glassnode, timestamped at 9:00 AM UTC on April 26, 2025, indicates a 15% uptick in large transaction volumes (transactions over $100,000) on the Bitcoin network, correlating with this whale’s activity and suggesting growing institutional interest (Source: Glassnode, April 26, 2025). Traders might consider entering long positions with tight stop-losses below the whale’s liquidation price of $80,546 to mitigate risk, while also monitoring related altcoins like ETH and SOL for potential spillover effects in trading volume and price action. Additionally, the unrealized profit of $1.977 million as of 10:00 AM UTC on April 26, 2025, could prompt the whale to lock in gains if resistance levels are tested, potentially leading to short-term selling pressure (Source: Twitter @ai_9684xtpa, April 26, 2025).

Read More   What Are Crypto Trading Bots & How Do They Work? - Unchained

From a technical perspective, several indicators and volume metrics support the bullish outlook influenced by this whale’s activity on April 26, 2025. The Relative Strength Index (RSI) for BTC/USDT on the 4-hour chart stands at 68 as of 11:00 AM UTC, indicating overbought conditions but still room for upward movement before reaching extreme levels above 70 (Source: TradingView, April 26, 2025). The Moving Average Convergence Divergence (MACD) shows a bullish crossover, with the MACD line crossing above the signal line at 8:00 AM UTC on April 26, 2025, reinforcing the potential for continued price appreciation (Source: TradingView, April 26, 2025). Volume analysis reveals a significant spike, with Binance reporting a 24-hour trading volume of $2.1 billion for BTC/USDT as of 11:00 AM UTC, a 10% increase from the previous day, aligning with the whale’s leveraged buy (Source: Binance, April 26, 2025). On-chain metrics from Glassnode further indicate a net inflow of 5,200 BTC into exchange wallets between 12:00 AM and 10:00 AM UTC on April 26, 2025, potentially reflecting accumulation by other large players inspired by this whale’s confidence (Source: Glassnode, April 26, 2025). For traders eyeing Bitcoin price predictions and BTC technical analysis, key support levels to watch include $92,000, tested at 6:00 AM UTC on April 26, 2025, while resistance looms at $98,000, a level yet to be breached this week (Source: CoinMarketCap, April 26, 2025). While this analysis does not directly tie into AI-related crypto tokens, the broader market sentiment driven by such whale activity could indirectly boost interest in AI-driven trading bots and platforms, as traders seek automated strategies to replicate or counter large leveraged positions. Monitoring AI crypto market trends and trading volume changes in tokens like FET or AGIX could reveal crossover opportunities, though no direct correlation data is available at this timestamp.

Read More   Bitcoin Miner Marathon Digital Beats Q3 Earnings Estimates, but ... - CoinDesk

In summary, this Bitcoin whale’s aggressive long position, updated as of April 26, 2025, offers a compelling case study for traders interested in leveraged crypto trading, Bitcoin market analysis, and whale wallet tracking. The concrete data points and technical indicators provided here aim to equip traders with actionable insights for navigating the volatile yet promising crypto market landscape.



READ SOURCE

This website uses cookies. By continuing to use this site, you accept our use of cookies.