Crypto Whale Bets $55 Million on Bitcoin and Ethereum’s Rise

A prominent crypto whale, known as the ‘Hyperunit whale’, has recently taken a significant long position in both Bitcoin (BTC) and Ether (ETH), betting $55 million on their continued ascent. This follows a successful prediction of the US-China tariff market crash last month which generated $200 million in profits. This new bet, which involves a $37 million Bitcoin position and an $18 million Ethereum position, has been analyzed by Arkham Analytics. The whale’s recent actions come after executing two profitable shorts since October 10th, raising questions amongst analysts regarding their consistency.