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Bitcoin whale posts $50 million gain on BTC, ETH and SOL longs
Source: CryptoNewsNet Original Title: Bitcoin whale posts $50 million gain on BTC, ETH and SOL longs Original Link:
Key Takeaways
The pseudonymous trader known as ‘BitcoinOG,’ also called ‘1011short,’ who rose to prominence after a massive win during the October 2025 market crash, recorded nearly $50 million in unrealized profits within 24 hours from long bets on Bitcoin, Ethereum, and Solana.
According to data tracked by Lookonchain, the iconic short seller has built $845 million of long exposure to the three leading crypto assets. The recent market rebound delivers quick returns on positions.
Bitcoin rose about 5% to trade above $95,000 over the past 24 hours, as Ethereum climbed 7% to $3,300 and Solana added 5% to $146, per CoinGecko. The total crypto market capitalization reclaimed $3.3 trillion, up approximately 5% during this stretch.