A Bitcoin whale has increased its Longing position by 40 BTC, equivalent to about $4.4 million, bringing its total holdings to 1,070.02 BTC (about $117 million). The total portfolio value is estimated at $370 million, with a temporary loss of $7.8 million.
This information was published on November 1st according to on-chain data. The report noted no changes in the wallet's other positions, only adding a Longing of 40 BTC.
- Whale adds 40 BTC to Longing position, ~4.4 million USD.
- Total holdings currently 1,070.02 BTC (~$117 million); portfolio ~$370 million.
- Portfolio is currently at a temporary loss of ~$7.8 million; need to monitor cash flow and leverage.
Transaction details
The whale bought another 40 BTC, bringing the BTC balance to 1,070.02 BTC ; the purchase value is about $4.4 million, the total portfolio is estimated at $370 million, and the floating loss is about $7.8 million.
The data shows that the only noticeable change was the addition of a 40 BTC Longing position, with other positions remaining unchanged. The number reflects the size of the wallet, but the impact needs to be compared to market supply.
Meaning to the market
A whale's additional buying action could signal confidence in a short-term uptrend or a portfolio rebalancing.
However, a single transaction does not necessarily change the market trend if the volume is not large compared to the total supply or trading flow on the exchange. Investors should combine on-chain data and market liquidation to make decisions.
Risks and points to watch
Floating loss of $7.8 million reflects price volatility; high risk if wallets use leverage or engage in mass stop-loss behavior.
Monitor on-chain indicators (wallet transfers, deposits/withdrawals to exchanges), margin positions, trade frequency, and other whale movements to assess the risk of liquidation or spillover effects on price.
Is this wallet a “100% winning whale”?
Claims of a 100% win rate should be taken with caution; on-chain data only shows current trades and positions, not the entire history of an investment strategy.
Will the addition of 40 BTC change the price trend?
A single trade can have a short term impact in low liquidation areas but is not enough to reverse the trend without a large following flow.
How to track whale movements?
Use on-chain tools to check transfers between wallets and exchanges, track deposit/withdrawal volumes, and indicators like whale wallet lines and transaction history.
