A seasoned crypto dealer has defied October’s market turmoil, pocketing roughly $17 million in revenue from lengthy positions on Bitcoin and Ethereum.
Knowledge from Arkham Intelligence reveals that the dealer, recognized as “0xc2a,” opened lengthy positions shortly earlier than final week’s market rebound. Bitcoin and Ethereum subsequently gained 4% and a pair of%, respectively.
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The Crypto Whale Holds Almost $300 Million in Lengthy Place
The dealer’s precision got here after one of many crypto market’s most risky stretches, when greater than $20 billion in leveraged positions had been worn out on October 10.
The market chaos started after President Donald Trump introduced a 100% tariff on Chinese language imports. The coverage transfer sparked a worldwide sell-off throughout equities and digital belongings.
As traders rushed to de-risk, Bitcoin briefly fell to a three-month low of beneath $105,00 earlier than recovering. In the course of the downturn, 0xc2a quietly collected positions, betting on a rebound that rapidly materialized.
THIS GUY IS UP $17 MILLION IN 2 WEEKS
Dealer 0xc2a opened his Hyperliquid account solely two weeks in the past and he’s already up $17 MILLION.
His present positions? Lengthy $131M $ETH and $155M $BTC. pic.twitter.com/IUQr6hLgkn
— Arkham (@arkham) October 25, 2025
Blockchain information reviewed by Lookonchain confirmed that he actively rebalanced his portfolio as costs fluctuated, aligning every transfer with shifting market sentiment.
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Since inception, his account has maintained a 100% win fee, with no recorded losses. Notably, this can be a document that has drawn vital consideration from analysts and merchants alike on the social media platform X.
On the time of writing, the dealer holds 1,483 BTC (value roughly $165.5 million) and 33,270 ETH (round $131.3 million) in energetic lengthy positions. This indicators a powerful conviction in a market nonetheless struggling to search out path.
Crypto Whale Lengthy Place on Bitcoin and Ethereum. Supply: Hyperdash
In the meantime, the dealer’s success underscores how whale conduct can affect broader sentiment. Giant holders, able to shifting markets with a single transaction, typically act as a barometer for institutional positioning.
Sometimes, smaller merchants intently observe their actions, in search of cues on potential momentum reversals or development confirmations.
Nonetheless, this October’s market has challenged the standard “Uptober” narrative.
Traditionally, the month carries bullish expectations. Nonetheless, the mixture of geopolitical uncertainty, liquidation spikes, and fading threat urge for food has examined investor conviction.
Nonetheless, the success of merchants like 0xc2a has revived cautious optimism. For a lot of, his $17 million revenue isn’t just a show of ability however a reminder that even in risky markets, disciplined timing and strategic positioning can nonetheless yield outsized rewards.
