In a surprising move amid a cooling crypto market, a trader with a 100% win rate has gone long on Bitcoin (BTC), Ethereum (ETH), and Solana (SOL).
According to Finbold, the trader’s latest positions total over $374 million, signaling strong confidence in a potential market rebound.
Trader’s Crypto Portfolio Breakdown
Based on on-chain data from Lookonchain, the trader currently holds:
- 39,000 ETH worth $151 million at an average entry of $3,845.33
- 1,070 BTC valued at $118 million at $110,114.10
- 569,050 SOL worth $105 million at $198.23
Additionally, he placed a limit order to buy 40,000 more SOL at $184, adding another $7.36 million to his long position.
“Betting on a Rebound”
Over the past 18 days, this trader completed 14 successful trades, earning over $16 million in profit. His consistent wins and aggressive positions suggest a bullish outlook despite recent market uncertainty.
“This move shows confidence in Solana’s potential rebound,” noted analysts at Finbold.
Market Conditions: Volatile Yet Stabilizing
Bitcoin recently stabilized around $110,734, up 0.5% in the last 24 hours, while Ethereum dipped slightly to $3,872. Notably, October marked Bitcoin’s first monthly loss since 2018, ending a seven-year winning streak.
The broader crypto market mirrored declines in gold and equities, driven by geopolitical tensions and investor caution. A recent 100% tariff on Chinese imports announced by President Trump triggered the largest crypto liquidation on record.
What’s Next for Crypto?
Despite bearish sentiment, experts believe that renewed inflows into crypto ETFs could reignite bullish momentum. The trader’s long positions may be a signal that smart money is preparing for a turnaround.
