- Crypto whales are heavily increasing their leveraged BTC and ETH positions, reflecting strong market confidence and strategic positioning.
- Institutional capital flows are shifting, with Bitcoin ETFs seeing positive inflows while Ethereum ETFs face minor outflows, affecting liquidity dynamics.
- A rising trend in long-term BTC and ETH holdings, alongside cold storage transfers, signals major market participants’ long-term bullish strategy.
Bitcoin and Ethereum are seeing renewed bullish momentum as whales increase leveraged exposure to both assets. New data reveals rising institutional activity, shifting capital flows, and strategic positioning across major wallets and perpetual trading platforms.
Whales Load Up on Leveraged BTC and ETH Positions
A crypto whale has taken a 40x leveraged long on BTC and a 25x long on ETH. The position is valued at over $31 million with $970K in unrealized profit, as confirmed by Lookonchain. The wallet’s exposure centers entirely on perpetual contracts, showing no spot, staking, or vault holdings.
The BTC position totals 186.88 contracts, worth $18.32 million, entered at $94,088.2 with the market now at $98,036. ETH exposure totals 6,965 contracts at $12.74 million, bought at $1,795.59 with ETH now at $1,830.3. Liquidation thresholds for BTC and ETH are $82,807 and $1,418.6, respectively, reflecting high but controlled leverage.
Institutions Position Themselves with Strategic Reserves
Recent Ethereum and Bitcoin long positions are part of a broader institutional trend. According to a report by Alva, whales are reallocating capital across crypto pairs, as evidenced by a 60 WBTC-to-ETH swap and large ETH sells by early ICO investors.
ETH ETFs now control around 3.3 million ETH, while Bitcoin ETF inflows outpace gold ETFs in 2025. The largest ETH ETF reported a $17.9M net outflow recently, while BTC ETF flows remained net positive at $ 19.4 M. This shift in direction has important implications for liquidity distribution.
Technical Indicators Flash Mixed Signals for BTC and ETH
BTC trades near $97,902 with MACD showing a bullish crossover and CRSI reading at 89.10, indicating overbought territory. ETH trades at $1,828.55 with similar technicals, MACD turning bullish, though still negative, and CRSI at 84.91.
That said, the situation may develop differently if ETF inflows stabilize and early whale sell pressure reduces. Funding data shows BTC long interest holding steady while ETH faces mild outflows and whale exits from Grayscale’s ETHE.
One notable development worth mentioning is the rise in long-term holdings and cold storage transfers for both assets. Bitcoin withdrawals from exchanges and ETH OTC accumulation underline strategic intent from major market participants.
