A mysterious crypto whale has opened a massive leveraged Bitcoin position worth nearly $425 million, signaling increased confidence in BTC’s bullish trajectory. On-chain data from Lookonchain reveals that wallet address 0x1f25… began accumulating USDC three days ago to fund a high-risk trade on the Hyperliquid platform.
The whale started by depositing $10 million in USDC, followed by another $2.35 million and finally $10 million more today. In total, the trader has entered a long Bitcoin position with 20x leverage, controlling 3,877 BTC at an average entry of $108,622, with a liquidation level at $103,100.
Bitcoin Leverage Trade Now $3.59M in Unrealized Profit
As of now, the whale’s position has generated $3.59 million in unrealized gains, suggesting excellent timing and execution. The entry came as Bitcoin crossed above $110,000, breaking through multiple short-term resistance zones and invalidating several bearish patterns.
This massive Bitcoin leverage trade underscores renewed institutional interest and growing speculation about BTC’s next target — some analysts now expect a potential move to $150,000 if the current momentum continues.
Analysts Point to Channel Breakout Structure
Renowned crypto analyst TradingShot commented that Bitcoin recently rebounded from the upper boundary of a 3-year ascending channel. This upward structure has now formed three distinct “channel up” patterns, each previously producing gains of at least 101%.
According to TradingShot, the current breakout mirrors previous bull cycle patterns. If history repeats, Bitcoin may be entering a new high-momentum phase driven by institutional leverage, whale activity, and market confidence.
