Whale With $24.79 Million Track Record Opens $21 Million in Longs Across Bitcoin, Ether, and Dogecoin

Wallet 0x152e opened long positions totaling about $21 million across bitcoin, ether, and dogecoin within a three-hour window on May 19. The activity included 4,601 ETH worth about $9.82 million, 118.2 BTC worth about $9.11 million, and 19.47 million DOGE worth about $2.04 million. The wallet also placed limit orders to accumulate bitcoin and ether below current spot prices, indicating a plan to buy on further downside. The address has a verified profit history of about $24.79 million in realized gains. The timing coincided with market weakness, including declines in BTC, ETH, and DOGE alongside broader liquidation activity, suggesting a contrarian recovery bet.

"Wallet 0x152e opened $21M in longs across bitcoin, ether, and dogecoin in a 3-hour window on May 19. The address carries a $24.79M verified profit record, flagged by Lookonchain as a high-conviction trader. Limit orders on bitcoin and ether suggest the wallet is positioning for further accumulation at lower levels."

"Here is the breakdown: 4,601 ether: approximately $9.82 million (at roughly $2,134 per ETH) 118.2 bitcoin: approximately $9.11 million (at roughly $77,073 per BTC) 19.47 million dogecoin: approximately $2.04 million (at roughly $0.105 per DOGE). The wallet also placed limit orders to continue accumulating bitcoin and ether below current spot prices, a clear bet on further downside before a recovery."

"The timing of the trade is notable as bitcoin slipped to $76,803 yesterday, with pervading geopolitical developments triggering hundreds of millions in market liquidations. Ether fell 3.24% to approximately $2,110, and dogecoin declined around 2.14% to $0.10. Buying aggressively into that environment (that too across three different assets at scale) seems to be a clear contrarian signal."

"While BTC and ETH longs are standard institutional-grade bets, adding DOGE, a memecoin with a sizable market presence, to the mix indicates the investor is looking at a broader market recovery. Also, as Bitcoin.com News reported earlier this month on separate dogecoin-related whale activity, large wallets holding the asset had reached a record 108.52 billion DOGE."

Read at news.bitcoin.com