The 1011 Insider Whale Doubles Down: Expanding Massive ETH and SOL Positions

A major trader, often referred to as the “1011 insider whale” due to their first major position-building after the October 11th market crash, has significantly expanded their cryptocurrency holdings. According to Hyperbot’s latest tracking data, this large account holder continues to demonstrate a strong bullish conviction across multiple assets, particularly Ethereum and Solana. The whale’s strategic moves offer insights into how sophisticated traders navigate volatile market conditions.

Ethereum Holdings Surge: The 1011 Whale Crosses 150K ETH Milestone

The whale has substantially increased its Ethereum long positions to 150,466.58 ETH, representing a notable addition of 10,372.58 ETH from its previous 140,094.52 ETH holdings. At current market rates of approximately $2,970 per ETH, this position alone now represents a value exceeding $446 million. The consistent accumulation pattern suggests the trader maintains a constructive long-term outlook on Ethereum’s ecosystem, despite short-term market fluctuations. This incremental buying approach aligns with the whale’s established strategy since the October 11 market downturn, when it began building positions at lower valuations.

Solana Position Expansion: SOL Holdings Jump to 212K+

The trader’s bullish sentiment extends to Solana, where it has dramatically increased its SOL long positions to 212,906.93 SOL, an increase of approximately 112,906.93 SOL from an initial position of around 100,000 SOL. With Solana trading near $128.48, this position is valued at approximately $27.36 million. The significant boost in SOL holdings indicates the 1011 whale views the platform as an attractive opportunity, particularly in light of Solana’s network developments and ecosystem expansion initiatives.

Total Portfolio Status: $613M in Combined Positions

Combining both Ethereum and Solana holdings along with previously existing positions, the 1011 insider whale currently maintains a diversified portfolio exceeding $613 million in total long positions. More impressively, the account has accumulated unrealized gains totaling $13.35 million, representing solid returns on the trader’s conviction-based accumulation strategy. This paper profit demonstrates the whale’s timing acumen in building positions during market downturns and holding through subsequent recoveries.

The continued position expansion by this major trader reinforces the narrative of sophisticated money positioning for sustained strength in both Ethereum and Solana networks. As the broader cryptocurrency market continues to evolve, tracking such whale activity provides valuable context for understanding institutional and sophisticated retail positioning in key layer-one and ecosystem assets.