Recently, on-chain data shows that a series of actions by a large crypto holder have attracted widespread market attention. This whale currently holds approximately 30,060 stETH (worth $97 million) and has supplied assets totaling $370 million on decentralized lending platforms to earn yields.

What’s more noteworthy is the whale’s recent moves. In the past 33 hours, he deposited $15.5 million USDC into a perpetual contract trading platform. Following that, over the next 12 hours, he began aggressively going long on Bitcoin — opening a position of 2,070 BTC, corresponding to a holding of $191 million. Judging by the scale of this operation, this whale’s bullish stance on the short-term market is quite resolute.

Interestingly, he set a take-profit point at $93,300 for this long position, which reveals his specific expectations for Bitcoin’s upward potential. Large holders’ positions are often seen as market indicators — they have ample funds and access to information, and their actions can often reflect potential market trends. Currently, Bitcoin’s price has pulled back after breaking above $94,000, but this whale’s large-scale accumulation indicates that institutional investors remain optimistic about the subsequent market outlook.