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Spotted by Lookonchain, the trader strategically went long on major tokens like Bitcoin, Ethereum, Solana, and others just as prices dipped following Trump’s announcement of retaliatory tariffs.
Using leverage across several assets on Hyperliquid, the investor entered when sentiment was low — and now sits on over $9 million in unrealized gains. Solana was the biggest winner, with a $2 million gain from a 50,000 SOL position. Similar windfalls came from ETH and BTC trades, while smaller bets on HYPE, AVAX, and XRP also paid off.
Beyond derivatives, the same trader bought over 300 BTC at under $80,000, gaining an extra $5 million as Bitcoin rallied.
The rebound followed Trump’s decision to backtrack on the tariffs, which helped lift crypto markets. Bitcoin has climbed 13% in the last month, with SOL up over 21%, although most altcoins remain below their early-year highs.
Still, Bitcoin’s momentum is stalling near $96,000, and analysts warn of potential resistance ahead. For now, this whale’s well-timed entry stands out as a rare masterstroke during a volatile market period.
The post Whale Bags Millions Betting on Crypto Comeback After April Crash appeared first on Coindoo.
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