Ethereum (ETH) Long holder and the Whale who earned 10 million Dollar in 3 days has now Longed this Altcoin!

For a long time, Bitcoin (BTC) has drawn attention with its low performance against Ethereum (ETH), but it finally made the expected move and started to rise.

The rise of Ethereum, which reached over 2,500 dollars in a very short time, also pleased the investors.

According to the sharing of the blockchain analytics firm Lookonchain, a giant crypto whale opened a 2x long position on Ethereum at an entry price of $1,930.41 on May 8, before the ETH rise.

While the price continues to rise, the whale adding to its position has realized an unrealized profit of over 10 million dollars in about three days.

It seems that the whale's successful transaction has paved the way for the next strategic step.

Because the big whale is now focused on XRP and opened a long position in XRP with 2x leverage worth approximately 12 million dollars.

"The whale took a long position in ETH right at the start of the rise and is currently sitting on an unrealized profit of over 10 million dollars.

Today, a position of approximately 12 million dollars in XRP was opened with a new 2x long and an unrealized profit of 261 thousand dollars.

While the big whale expects a rise in XRP, on the other hand, on-chain analyst Ali Martinez indicated that whales accumulated 880 million XRP last month.

The whale went long on $ETH right at the start of its rally and is now sitting on an unrealized profit of over $10M.

He opened a new 2x long on $XRP 8 hours ago, with a position of nearly $12M and an unrealized profit of $261K. pic.twitter.com/Rs1ZlwEAuL

— Lookonchain (@lookonchain) May 12, 2025