In a stunning development shaking up the cryptocurrency market, a Bitcoin whale has reportedly escalated their leveraged long position to a staggering $390 million, as shared by Crypto Rover on social media on May 18, 2025. This massive 40x leveraged bet on Bitcoin's price surge has caught the attention of traders worldwide, with the liquidation price pegged at $96,600. While Bitcoin was trading at approximately $94,200 as of 10:00 AM UTC on May 18, 2025, according to data from CoinGecko, this whale's bold move suggests a strong belief in an imminent rally past the $100,000 mark. The sheer size of the position indicates either insider confidence or a high-risk gamble, and it comes at a time when Bitcoin has already shown a 5.2% increase over the past week, reaching intraday highs of $95,000 at 8:00 AM UTC on May 18, 2025. Market sentiment is buzzing with speculation, as such large leveraged positions often signal significant price movements. This event also coincides with heightened volatility in the stock market, where the S&P 500 gained 1.3% to close at 5,850 points on May 17, 2025, as reported by Bloomberg, reflecting a risk-on environment that often correlates with crypto gains. For traders searching for Bitcoin whale trading signals or leveraged crypto trading strategies, this development is a critical data point to monitor over the coming days.

The trading implications of this Bitcoin whale's $390 million long position are profound, especially when analyzing cross-market dynamics. As of 11:00 AM UTC on May 18, 2025, Bitcoin's trading volume surged by 18% on major exchanges like Binance, with over $2.1 billion in BTC/USDT trades recorded in the last 24 hours, per CoinMarketCap data. This spike suggests heightened retail and institutional interest following the whale's move. Moreover, the correlation between Bitcoin and stock market indices like the Nasdaq, which rose 1.5% to 19,200 points on May 17, 2025, as noted by Reuters, remains strong at a 0.78 correlation coefficient over the past 30 days. This indicates that positive momentum in equities could further fuel Bitcoin's rally, creating trading opportunities for altcoins like Ethereum (ETH), which saw a 3.8% price increase to $3,200 by 9:00 AM UTC on May 18, 2025. For crypto traders, longing BTC/USDT or ETH/USDT pairs on platforms with low fees could capitalize on this momentum, though the whale's $96,600 liquidation price poses a downside risk if sentiment shifts. Additionally, crypto-related stocks like MicroStrategy (MSTR) gained 2.7% to $1,450 per share on May 17, 2025, per Yahoo Finance, reflecting institutional money flowing into Bitcoin-adjacent assets.

From a technical perspective, Bitcoin's price action shows bullish indicators following this whale activity. As of 12:00 PM UTC on May 18, 2025, BTC broke above its 50-day moving average of $92,500, signaling potential for further upside, according to TradingView charts. The Relative Strength Index (RSI) stands at 62, indicating room for growth before overbought conditions, while the Moving Average Convergence Divergence (MACD) shows a bullish crossover as of 11:30 AM UTC. On-chain metrics further support this, with Glassnode reporting a 12% increase in Bitcoin wallet addresses holding over 1 BTC as of May 17, 2025, suggesting accumulation by large players. Trading volume for BTC/USD pairs on Coinbase also spiked to $850 million in the last 24 hours as of 10:30 AM UTC on May 18, 2025, a 15% increase from the prior day. The stock-crypto correlation remains evident, as institutional inflows into Bitcoin ETFs like BlackRock's IBTC rose by $120 million on May 17, 2025, per ETF.com data, mirroring optimism in equity markets. For traders eyeing Bitcoin price predictions for 2025 or crypto-stock market correlations, these metrics highlight a potential breakout if the whale's bet holds. Risk appetite appears elevated, but a sudden stock market correction could trigger cascading liquidations in crypto, making stop-losses below $96,000 critical for leveraged positions.

In summary, this Bitcoin whale's $390 million long position at a $96,600 liquidation price, reported on May 18, 2025, underscores the high-stakes nature of current market dynamics. Institutional interest, mirrored in both crypto ETF inflows and stock market gains, suggests a interconnected rally potential. Traders should watch for Bitcoin's resistance at $100,000 and monitor stock indices for signs of reversal, as cross-market flows could dictate the next major move in this volatile landscape.