A large whale has significantly increased long positions in BTC and ETH, with a total long position value of $140.88 million. According to Lookonchain on October 19, the position includes 1,236 BTC (approximately $102.2 million) and 15,928 ETH (approximately $38.67 million).
Whale Holds $140.88M Long Position in BTC and ETH
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Summary
A whale has established a $140.88 million long position in BTC and ETH, holding 1,236 BTC ($102.2 million) and 15,928 ETH ($38.67 million), according to Lookonchain. This move aligns with position trading strategies, as the whale appears to be holding for long-term gains. The accumulation suggests a focus on key support and resistance levels in the broader market.
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