- A whale’s $25M leveraged short on BTC, ETH, and SOL struggles as smart money accelerates ETH accumulation and inflows surge.
- Despite high-risk shorting, Bitcoin’s liquidation map reveals rising leverage and looming volatility below key price zones.
- ETH and SUI lead crypto inflows as institutional and retail investors drive a sharp market reversal from early 2025 outflows.
According to Lookonchain, a whale has escalated bearish bets by depositing another $5 million USDC into Hyperliquid to short BTC, ETH, and SOL. This move brings the total shorting capital to $25 million using 5x leverage. Currently, losses exceed $700,000. The strategy began on May 10 with an initial $13 million USDC deposit. However, the positioning contradicts the broader market shift and growing bullish momentum.
Besides, seasoned analysts label this behavior as a desperate attempt masked as a conviction. The trade goes directly against momentum, liquidity, and reflexivity. It underestimates the market’s structural recovery and rising narrative density.
BTC Liquidation Map Signals Volatility Ahead
The Bitcoin Exchange Liquidation Map reveals intense long liquidation activity near the 103,127 level. Binance leads in liquidation volume with $37.68 million. Bybit follows with $31.93 million at the 102,699 price level. OKX posted $14.97 million around similar levels.
Source: AK47
Cumulative long liquidation leverage has reached $1.45 billion. The liquidation volume peaked near 240 million. Total leverage has now exceeded $2.5 billion. Moreover, leverage continues to rise above 105,374, suggesting highly volatile conditions ahead. The concentration of liquidation activity between 101,522 and 103,127 adds pressure to long positions.
Smart Money Flows Into ETH Amid Retail Reawakening
While whales short, smart capital is scooping up ETH at an unprecedented pace. Ethereum inflows into accumulation wallets surged to all-time highs in early 2025. Over 6,000 ETH flowed into key wallets in a single day.
Source: Junaid Dar
Additionally, this activity coincided with a minor ETH price correction, signaling a strong buy-the-dip sentiment. From mid-2023 to 2025, accumulation has steadily climbed. Institutional flows are returning as retail interest also revives.
Crypto Inflows Accelerate With ETH and SUI Leading
Crypto investment products recorded $882 million in inflows last week, marking the fourth consecutive week of gains. BTC led with $867 million. Moreover, U.S. ETFs reached a record $62.9 billion in net inflows.
Source: Satoshi Club
SUI attracted $11.7 million, surpassing SOL in year-to-date flows—$84 million versus $76 million. Consequently, investor sentiment shows a sharp recovery from early 2025 outflows. Weekly capital movements now reflect aggressive rotations and renewed institutional appetite.
