Ethereum News Update: Major Crypto Investors Increase Bets with $22 Million and 20x Leverage on ETH and SOL

A well-known whale in the crypto space has drawn renewed interest by initiating 20x leveraged long trades on

(ETH) and (SOL) through Hyperliquid, with a combined position worth $22.05 million. The trader, associated with address 0x8d0...59244, has achieved a 31% success rate across 30 straight long trades since November 3, 2025, on social platforms and the HyperBot dashboard. This action highlights the high-risk, high-reward environment of leveraged crypto trading, where significant trades can influence both sentiment and price direction.

This whale's

position consists of 5,047.09 ETH bought at $2,995.9, while the position includes 51,411.68 SOL at $135.43, both . Market analysts believe that such concentrated long bets could fuel upward price movement if ETH and SOL surpass resistance points at $3,100 and $140. Still, the 31% win rate brings up questions about the long-term viability of this approach, especially given the market's tendency for sharp reversals.

At the same time, another major trader, dubbed the "20 consecutive wins whale" (address 0x9263), has switched from short to long positions on ETH,

, SOL, and UNI, locking in more than $8.5 million in unrealized gains. , has accumulated over $31 million in profits on Hyperliquid. The transition happened six days ago, signaling a tactical shift to take advantage of what is seen as undervalued assets. The combined moves by these whales point to a broader optimistic outlook among large and institutional traders, despite ongoing macroeconomic challenges.

Market watchers observe that whale activity is in line with recent on-chain data trends, such as increasing transaction activity on the Ethereum and Solana networks, which often precede price rallies. For example,

have typically led to 5-10% price increases within two days. However, using 20x leverage greatly increases the risk, as even small price drops can trigger mass liquidations. Traders are encouraged to keep a close eye on resistance and support, especially for ETH at $2,900 and SOL at $130, to better manage their risk.

The whales' tactics also signal confidence in the face of changing regulations and ongoing blockchain innovation. For instance,

as a vote of confidence in Ethereum's post-merge improvements and Solana's speed for DeFi and NFT applications. Additionally, the relationship with (BTC) suggests that if BTC remains above $60,000, it could further support gains in altcoins like SOL.

To sum up, the recent surge in large leveraged long positions on ETH and SOL by several whales underscores the speculative nature of the crypto market. Although a 31% win rate for one trader is a cautionary sign, the sheer size of these trades—over $30 million—could spark short-term price swings. Retail investors should focus on risk management while seeking opportunities, using tools like RSI and MACD to help navigate possible breakouts.