A crypto trader tracked by Lookonchain (wallet 0x152e) with $24.79 million in total profit opened leveraged long positions on Ethereum, Bitcoin, and Dogecoin over a three-hour window on Wednesday. The combined notional value of the three trades came to roughly $21 million, according to the on-chain analytics firm.
Dogecoin was trading at $0.10429 at press time.
The positions
The trader's Dogecoin long was the smallest of the three: 19.47 million tokens worth about $2.04 million. On Ethereum, they took a position of 4,601 ETH, valued at $9.82 million. The Bitcoin leg was 118.2 BTC, worth $9.11 million. All three were opened as leveraged longs, though Lookonchain did not disclose the specific leverage ratio or the exchange used.
Spot holdings and unrealized gains
Beyond the leveraged bets, the same wallet holds spot positions in Zcash and Hyperliquid. It sits on 10,797 ZEC — worth $6.14 million — with an unrealized gain of $3.5 million. The HYPE position is 114,547 tokens, worth $5.48 million, with an unrealized gain of $2.2 million. Those two holdings alone show the trader has a taste for smaller-cap names alongside the majors.
More buying lined up
Lookonchain noted that the wallet placed limit orders to keep adding to its Bitcoin and Ethereum longs. No similar orders were spotted for Dogecoin. That suggests the trader sees more upside in the two larger coins — or at least wants to average in if the price dips. Whether those orders will fill depends on market action in the coming hours.
The trader's track record — nearly $25 million in realized profit — means the market will be watching where those limit lines sit.
