Whale Makes Significant BTC and ETH Purchases Amid Market Fluctuations

On April 24, a major cryptocurrency whale made substantial purchases of Bitcoin (BTC) and Ethereum (ETH), according to BlockBeats On-chain Detection. After unsuccessful attempts earlier in the day, the whale opened large long positions in BTC and ETH, utilizing nearly all available margin in their account. Additionally, they placed larger buy orders below the current price, planning to increase holdings in stages. The whale's BTC position is valued at $10 million with an average price of $77,592, and additional buy orders totaling $20 million are set at $75,800 and $76,900. For ETH, the position is valued at $15.3 million with an average price of $2,303, and further buy orders totaling $20 million are placed between $2,180 and $2,270. If all 200 pending orders are executed, the total size of the long positions will reach $65 million. Consequently, the average price for BTC would adjust to approximately $76,764, while the average price for ETH would be around $2,258. The whale's address is 0x61ceef212ff4a86933c69fb6aca2fe35d8f2a62b.