{"id":53391,"date":"2025-11-04T09:08:03","date_gmt":"2025-11-04T02:08:03","guid":{"rendered":"https:\/\/hbbgroup.net\/crypto-whale-who-nailed-the-october-crash-opens-55m-btc-and-eth-longs\/"},"modified":"2025-11-04T09:08:03","modified_gmt":"2025-11-04T02:08:03","slug":"crypto-whale-who-nailed-the-october-crash-opens-55m-btc-and-eth-longs","status":"publish","type":"post","link":"https:\/\/hbbgroup.net\/vi\/crypto-whale-who-nailed-the-october-crash-opens-55m-btc-and-eth-longs\/","title":{"rendered":"Crypto whale who nailed the October crash opens $55M BTC and ETH longs"},"content":{"rendered":"<div data-gtm-locator=\"articles\" data-v-deacc96e>\n<article id=\"article-227476\" data-v-deacc96e>\n<p itemprop=\"description\" data-v-deacc96e> HyperUnit, the whale that made $200 million from the US-China tariff crash last month, is now betting on a rebound in Bitcoin and Ether, opening $55 million in long positions. <\/p>\n<div data-v-deacc96e><picture><source media=\"(min-width: 1200px)\" ><source media=\"(min-width: 992px)\" ><source media=\"(min-width: 768px)\" ><source media=\"(min-width: 480px)\" ><img  loading=\"eager\" fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=1434\/https:\/\/s3.cointelegraph.com\/uploads\/2025-09\/01995107-dd01-7e53-8fa2-ecb682ab47ea\" alt=\"Crypto whale who nailed the October crash opens $55M BTC and ETH longs\"><\/picture><\/div>\n<div data-v-deacc96e>\n<div data-v-deacc96e>\n<p>The crypto whale that made $200 million from the US-China tariff-led crypto crash last month is now betting $55 million that Bitcoin and Ethereum will rise again.\u00a0<\/p>\n<p>Crypto analytics platform Arkham was one of the first to <a href=\"https:\/\/x.com\/arkham\/status\/1985416420969312458\" rel=\"nofollow noopener\" target=\"_blank\" title=\"https:\/\/x.com\/arkham\/status\/1985416420969312458\">identify<\/a> the whale\u2019s new long positions in an X post on Monday, which comprise a $37 million Bitcoin long position and an $18 million Ether long position on the decentralized derivatives exchange Hyperliquid.<\/p>\n<p>Referred to as the \u201cHyperunit whale,\u201d the trader recently became famous for making $200 million by successfully predicting the US-China tariff <a data-ct-non-breakable=\"null\" href=\"https:\/\/cointelegraph.com\/news\/19b-crypto-market-crash-leverage-china-tariffs\" rel=\"https:\/\/cointelegraph.com\/news\/19b-crypto-market-crash-leverage-china-tariffs\" target=\"https:\/\/cointelegraph.com\/news\/19b-crypto-market-crash-leverage-china-tariffs\" title=\"https:\/\/cointelegraph.com\/news\/19b-crypto-market-crash-leverage-china-tariffs\">market crash<\/a> on Oct. 10. <\/p>\n<p>HyperUnit has also executed two more profitable shorts since then, which has prompted Arkham to ask whether they will \u201cGet it right for the FOURTH time in a row?\u201d<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2025-11\/019a4c2c-dd58-7f6c-a27e-a4dbe3c6e42d\" title><figcaption><em>Source: <\/em><a data-ct-non-breakable=\"null\" href=\"https:\/\/x.com\/arkham\/status\/1985416420969312458\" rel=\"https:\/\/x.com\/arkham\/status\/1985416420969312458\" target=\"https:\/\/x.com\/arkham\/status\/1985416420969312458\" title=\"https:\/\/x.com\/arkham\/status\/1985416420969312458\"><em>Arkham<\/em><\/a><\/figcaption><\/figure>\n<p>The whale has been in the market for at least seven years, purchasing $850 million of Bitcoin (<a data-ct-non-breakable=\"null\" href=\"http:\/\/cointelegraph.com\/bitcoin-price\" rel=\"http:\/\/cointelegraph.com\/bitcoin-price\" target=\"http:\/\/cointelegraph.com\/bitcoin-price\" title=\"http:\/\/cointelegraph.com\/bitcoin-price\">BTC<\/a>) during the 2018 bear market and holding onto it until its value reached $10 billion. And they could be onto something. <\/p>\n<p>Bitcoin is currently trading at $106,598, while Ether is trading at $3,602. Bitcoin is down 15.5% from its all-time high, while Ether is down 27.3% from its record high.\u00a0<\/p>\n<p>The Crypto Fear &#038; Greed Index is <a data-ct-non-breakable=\"null\" href=\"https:\/\/alternative.me\/crypto\/fear-and-greed-index\/\" rel=\"noopener nofollow\" target=\"_blank\">currently<\/a> in the \u201cFear\u201d zone with a score of 42 out of 100.<\/p>\n<h2>Bitcoin OGs can\u2019t hodl forever; they have a \u201clife to live\u201d<\/h2>\n<p>Crypto asset manager Bitwise CEO Hunter Horsley <a data-ct-non-breakable=\"null\" href=\"https:\/\/x.com\/HHorsley\/status\/1985018161977242115\" rel=\"noopener nofollow\" target=\"_blank\">said<\/a> OG whales have largely contributed to the recent market correction, explaining on Saturday that it can be \u201cemotionally taxing\u201d for these investors <a data-ct-non-breakable=\"null\" href=\"https:\/\/cointelegraph.com\/news\/michael-saylor-strategy-november-45m-bitcoin-buy\">to stay in the market<\/a> after making a 100x or 1000x return.<\/p>\n<blockquote><p>\u201cThey\u2019ve got life to live \/ it can be emotionally taxing to see $100M or 1\/3 of their wealth gone in a bear market, even if temporary. They plan to keep holding much \/ most.\u201d<\/p><\/blockquote>\n<p><template data-ct-widget=\"buzzsprout\" data-buzzsprout-podcast-id=\"2040516\" data-buzzsprout-episode-id=\"18123316\"><\/template><\/p>\n<p><a data-ct-non-breakable=\"null\" href=\"https:\/\/x.com\/JA_Maartun\/status\/1985074696745005316\" rel=\"noopener nofollow\" target=\"_blank\">Data<\/a> from CryptoQuant also shows that long-term holders <a data-ct-non-breakable=\"null\" href=\"https:\/\/cointelegraph.com\/news\/iren-microsoft-ai-cloud-deal-bitcoin-miners-pivot\">offloaded 405,000 Bitcoin<\/a> from about Oct. 2 to Nov. 2.<\/p>\n<p>That said, Horsley is adamant that many of the <a data-ct-non-breakable=\"null\" href=\"https:\/\/cointelegraph.com\/news\/strategy-inches-700k-bitcoin-18-8-million-buy\">biggest holders<\/a> aren\u2019t planning to sell their holdings.<\/p>\n<h2>The bottom could be near: Santiment<\/h2>\n<p>However, most of the market pain may have already been felt, according to blockchain analytics platform Santiment, which <a data-ct-non-breakable=\"null\" href=\"https:\/\/x.com\/santimentfeed\/status\/1985408852779811286\" rel=\"noopener nofollow\" target=\"_blank\">noted<\/a> that there are currently 208,980 BTC fewer on crypto exchanges compared to six months ago.<\/p>\n<p><em><strong>Related: <\/strong><\/em><a data-ct-non-breakable=\"null\" href=\"https:\/\/cointelegraph.com\/news\/retail-investor-retreat-to-98-5k-5-things-bitcoin-this-week\"><em><strong>Retail investors &#8216;retreat\u2019 to $98.5K: 5 things to know in Bitcoin this week<\/strong><\/em><\/a><\/p>\n<p>\u201cDespite Bitcoin&#8217;s market value dropping 14% since its all-time high back on October 6th, an encouraging sign is the fact that BTC is generally staying off of exchanges.\u201d<\/p>\n<blockquote><p>\u201cOverall, when a coin&#8217;s supply is not moving to exchanges, the risk of further sell-offs are limited.\u201d\u00a0<\/p><\/blockquote>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2025-11\/019a4c2c-e243-726a-962e-ac547186658d\" title><figcaption><em>Source: <\/em><a data-ct-non-breakable=\"null\" href=\"https:\/\/x.com\/JA_Maartun\/status\/1985074696745005316\" rel=\"https:\/\/x.com\/JA_Maartun\/status\/1985074696745005316\" target=\"https:\/\/x.com\/JA_Maartun\/status\/1985074696745005316\" title=\"https:\/\/x.com\/JA_Maartun\/status\/1985074696745005316\"><em>Maartunn<\/em><\/a><br \/><\/figcaption><\/figure>\n<p data-ct-non-breakable=\"undefined\"><em><strong>Magazine: <\/strong><\/em><a data-ct-non-breakable=\"null\" href=\"https:\/\/cointelegraph.com\/magazine\/elon-musk-grokipedia-far-right-or-necessary-wikipedia-competitor\/\"><em><strong>Grokipedia: \u2018Far right talking points\u2019 or much-needed antidote to Wikipedia?<\/strong><\/em><\/a><\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\" label=\"Subscription Form: Markets Outlook\"><\/template><\/div>\n<p><img decoding=\"async\" alt src=\"https:\/\/zoa.cointelegraph.com\/pixel?postId=227476&#038;regionId=1\" data-v-deacc96e><\/p>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>HyperUnit, the whale that made $200 million from the US-China tariff crash last month, is now betting on a rebound [&hellip;]<\/p>","protected":false},"author":5,"featured_media":53392,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[220],"tags":[],"class_list":["post-53391","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tien-dien-tu"],"acf":[],"_links":{"self":[{"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/posts\/53391","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/comments?post=53391"}],"version-history":[{"count":0,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/posts\/53391\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/media\/53392"}],"wp:attachment":[{"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/media?parent=53391"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/categories?post=53391"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/tags?post=53391"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}