Bitcoin, Ethereum and Solana are making news as Crypto Whale deposits $13 million in decentralized exchange lipids in USDC. The funds were either invested in the opening of short positions for Bitcoin (BTC), Ethereum (ETH) and Solana (SOL) using five times leverage, or placed in a leveraged bet of $65 million against general bull market trends.
Whale 13mm $USDC high lipids short $btc, $eth, $sol 5x leverage.https://t.co/ix4tmncun pic.twitter.com/yusb3rtv3f
– lookonchain (@lookonchain) May 10, 2025
Bets on momentum
This is clear as Bitcoin has recently surpassed $103,000 and Ethereum has increased by 23% after a successful Pectra upgrade. Solana is experiencing energy revival in ecosystems as people flock to stable things and experience network growth.
While most of the market is celebrating the outlook for the ALT season, the trader is clearly in a short position, indicating that he is ready for an unknown catalyst that can cool down or lower prices.
Will it pay off?
Shorting at a 5x level increases both the rise and the downside. As the market continues to rise, investors may experience rapid drawdowns and liquidation. However, if Bitcoin, Ethereum, or Solana is fixed sharply, even a 10% drop will earn you a big profit.
The move also raises questions. Is this a calculated risk of a sophisticated investor or is it a high conviction play from a paradoxical trader?
This transaction creates suspense in an already volatile market. Traders are watching to see what happens next. Did this whale get the timing right? I know the time.