Whale's Reentry into BTC and ETH Long Positions Sparks Market Attention
The cryptocurrency market is known for its volatility, with significant price movements often driven by large-scale trading activities. In this context, the reopening of substantial long positions in Bitcoin (BTC) and Ethereum (ETH) by a prominent whale has garnered attention from traders and analysts.
According to Onchain Lens, a leading on-chain analytics provider, the whale 'pension-usdt.eth' has reopened positions in BTC with 3x leverage and ETH with 5x leverage across two wallets. This decision is notable, given that the same whale closed previous positions, realizing a profit of $1.46 million, contributing to an overall profit tally of $23.93 million as of February 22, 2026.
The increasing position size hints at sustained buying pressure, which could bolster market liquidity and reduce volatility in the short term. Traders interested in derivatives should consider futures contracts on platforms supporting BTC and ETH, aiming for entries during dips supported by whale accumulations.