1,500,000 XRP Helps Whale Earn $9 Million, Here's What Happened

By: cryptonews|2025/05/04 05:45:01
0
Share
copy
Analytics account Lookonchain on the X social media network spreads the word about a crypto whale who has succeeded in profiting on several top cryptocurrencies as he has been holding long positions in them over the past month. One of those coins is Ripple-affiliated XRP, of which he holds 1,500,000. XRP, BTC, ETH long whale earns $9 million in unrealized profit Lookonchain shared that this anonymous whale has been holding long positions on the following coins over the past month: BTC, ETH, SOL, XRP, LINK and other 16 coins. In particular, he holds 1,500,000 XRP worth $3,297,900, 70.8197 BTC valued at $6,824,466, 5,000 ETH, 50,000 SOL and more. The tweet also said that in addition to those positions, the anon trader has purchased 309 Bitcoins worth roughly $24,680 at an average price of $79,792. This purchase has given him an unrealized profit of more than $5 million. A whale has been long $BTC, $ETH, $SOL, $LTC, $XRP, $LINK and other 16 tokens in the past month, with a total profit of more than $9M. Additionally, this whale bought 309 $BTC ($24.68M) at an average price of $79,792, currently sitting on unrealized profits of more than $5M.... pic.twitter.com/LVwmdlmUhf Bitcoin ETFs scoop up $311.43 million in inflows Data on Bitcoin from the same data source reveals that on Friday, May 2, 10 spot Bitcoin ETFs experienced significant netflows, which were equal to approximately $311.43 million (that’s 3,215 in the Bitcoin equivalent). The largest inflow went into the BlackRock ETF IBIT — that was $352.17 million equal to 3,636 Bitcoins. The weekly inflows here constituted 21,521 BTC. Overall, BlackRock now holds an impressive 607,685 BTC worth $58.86 billion. May 2 Update: 10 #Bitcoin ETFs NetFlow: +3,215 $BTC(+$311.43M)#iShares(Blackrock) inflows 3,636 $BTC($352.17M) and currently holds 607,685 $BTC($58.86B). 9 #Ethereum ETFs NetFlow: -358 $ETH(-$656K)#Grayscale(ETHE) outflows 4,070 $ETH($7.47M) and currently holds 1,140,412... pic.twitter.com/Li4IuSfROe Bitwise and Fidelity stand next to BlackRock in terms of the BTC inflow size. They absorbed 397 BTC and 264 BTC. Their total Bitcoin holdings now comprise 198,640 Bitcoins for Fidelity and 38,688 BTC for Bitwise. All the 10 ETFs have received 15,035 BTC over the past week worth $1.46 billion. Two ETFs witnessed major outflows — Ark 21Shares lost 903 BTC, while Grayscale’s outflow was 347 BTC, losing 923 BTC over the past week. Franklin ETF saw zero BTC inflows both on Friday and throughout the whole week.

You may also like

How a Structured AI Crypto Trading Bot Won at the WEEX Hackathon

Ritmex demonstrates how disciplined risk control and structured signals can make an AI crypto trading bot more stable and reliable on WEEX, highlighting the importance of combining execution discipline with scalable AI trading systems.

Old Indicator Fails, Three Major New Signals Emerge: BTC True Bottom May Still Be Below $60K

When the grocery shopping auntie on the subway, or Tony the hairdresser, start asking you about BTC, crypto, and cryptocurrency investments, selling immediately will be the only best option.

Meeting OpenClaw Founder at a Hackathon: What Else Can Lobsters Do?

Imperial College London MetaGame: AI Agent × Web3 Landing Three Major Directions.

Huang Renxun's Latest Podcast Transcript: NVIDIA's Future, Embodied Intelligence and Agent Development, Soaring Demand for Inferencing, and AI's PR Crisis

The future of competition is not only about whose model is bigger, whose computing power is stronger, but also about who understands the industry better, who can more deeply integrate AI into real processes, and who can organize these capabilities into a set of executable, scalable systems

How a Structured AI Crypto Trading Bot Won at the WEEX Hackathon

Crypto_Trade shows how structured inputs and controlled adaptability can build a more stable and reliable AI crypto trading bot within the WEEX AI Trading Hackathon, highlighting a practical path toward scalable AI trading systems.

AI Starts to Devour the Manufacturing Industry | Rewire News Morning Edition

When Bezos starts using AI to buy factories instead of building data centers, it shows that he believes the next wave of AI's value is not inside the box.

Popular coins

Latest Crypto News

Read more