The analytics platform Lookonchain has reported the achievements of an anonymous crypto whale who earned a significant sum through long positions on several cryptocurrencies over the past month.
Profit from the Crypto Whale's Long Positions
According to Lookonchain, the anonymous crypto whale holds long positions in several cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP). Specifically, he owns 1.5 million XRP, amounting to about $3.3 million, alongside 70.8 BTC valued at over $6.8 million. His total profit exceeds $9 million.
Bitcoin ETF Fund Dynamics
On May 2, 2025, data revealed significant inflows into 10 Bitcoin-based ETFs, totaling $311.43 million (or 3,215 BTC). The largest inflow was into the BlackRock ETF, amounting to approximately $352.17 million and 3,636 BTC. Overall, BlackRock’s assets now total $58.86 billion, indicating strong interest in Bitcoin through ETFs.
Comparison with Other ETFs
In addition to BlackRock, Bitwise and Fidelity ETFs also saw inflows of 397 BTC and 264 BTC, respectively. However, some funds, such as Ark 21Shares and Grayscale, experienced significant outflows, losing 903 and 347 BTC, respectively. In total, the 10 ETFs accumulated 15,035 BTC over the past week.
Data on major market players and active inflows into ETFs suggest that investors are showing considerable interest in cryptocurrencies, particularly Bitcoin and XRP, which may influence future market trends.
