A big whale jumping out of water
Insider Whale Holds Massive $800M Long Position as Crypto Prices Surge
In Brief
- • The "Insider Whale" has opened an $800 million long position, mostly in Ethereum.
- • This whale is known for accurate predictions, such as foreseeing last year's crypto crash.
- • Increased whale activity, like the Insider Whale's large positions, could point to a new rally.
The crypto market began a rally yesterday December 2nd, led by top crypto assets. In the midst of it, a whale known as the “Insider Whale” has opened and held a huge $800 million long position on top assets including BTC, ETH, and SOL.
According to the wallet data shared by crypto influencer Ash Crypto, the whale has most of his exposure in Ethereum with over $635 million, followed by Bitcoin with over $90 million, and Solana with almost $67 million. This huge long position has caused speculation in the crypto space, with some saying the whale may be up to something.
A Call to Prepare for a Bigger Rally?
Whales are usually holders of large amounts of a particular crypto asset or a range of them, such as this one. The trading decisions of these huge holders can usually give a hint on where the market is going, especially “insider” ones. This particular whale earned the title due to his accuracy in past trading decisions.
He is renowned for accurately predicting the crypto crash of October last year that crippled the crypto market for most of the fourth quarter of the year. At the time, the whale made $88 million shorting Bitcoin just minutes before the Trump tariff announcement which coincided with the crash, and later increased his short position which turned out accurate also.
The same whale opening large long positions at this time may also be pointing to something, as it is also coinciding with the start of a fresh crypto rally in 2026. Such a huge bet in support of the market suggests that the whale has reasons to believe the market will do well, at least in the short term.
Considering the fact that he has been oddly accurate in the past, this may not just be some baseless assumption but a calculated move to make the most of the next rally. However, whales can also be wrong and nothing in crypto is promised, so there’s need to proceed with caution.
Massive Whale Activity Shows Waking Market
Apart from the big long positions, other whale activities have been going on prior to this rally, such as the dormant SHIB whale who suddenly swept 50 billion tokens off Coinbase.
Such whale activity usually precedes a crypto rally as is seen today. The Insider Whale may just be moving with the tide and positioning to maximize the next market move which may have started.
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