Ethereum address “B9e3A42” has accumulated major crypto assets across the board

In early May 2025, on-chain analytics revealed that Ethereum address “B9e3A42” had accumulated major crypto assets across the board

An Ethereum address, “B9e3A42,” has been accumulating major crypto assets throughout early 2025, generating over $9 million in realized profit within roughly a month, according to on-chain analytics.

The wallet’s activity is highlighted by Lookonchain, which shows the trader took long positions in blue-chip tokens including Bitcoin, Ethereum, Solana, Litecoin, XRP, Chainlink, and 16 other tokens.

In total, the whale traded more than 20 different coins in a highly bullish trading stance.

Major Bitcoin Bet and Profits

The biggest move came in Bitcoin. On May 3, the wallet bought 309 BTC for $24.68 million at an average price of $79,792.

As Bitcoin rallied above $95,000, that position alone realized over $5 million in unrealized gains. In other words, by early May, the 309 BTC haul had appreciated about 18–20%, netting roughly $5M+ on paper.

This one trade also underlies a large share of the reported profit. The analytics specifically note: “The whale also scooped up 309 BTC $24.68M at an average price of $79,792 and is now sitting on unrealized profits of over $5M!”.

The timing was notable. By late April 2025, Bitcoin had dipped into the $75K–$80K range. Buying at that point and holding into the rally (above $95K) gave the whale strong upside—a classic “buy-the-dip” strategy.

Beyond BTC, the wallet built large positions in other tokens.

According to Lookonchain, the address took long positions in prominent cryptocurrencies including Ethereum (ETH), Solana (SOL), Litecoin (LTC), Ripple’s XRP, Chainlink (LINK), and 16 other tokens over the past month.

Onchain data give us ballpark holdings: the address reportedly holds about 1.5 million XRP ($3.3M) and 70.82 BTC ($6.8M) at current prices, along with 5,000 ETH and 50,000 SOL. These figures imply the whale was heavily layering on altcoins.

Whale Crypto Investment Strategy

In particular, TokenPost and HyperDash data indicate leveraged long positions on LTC, XRP, and LINK.

For example, analytics scraped from on-chain trader tracking show the wallet holding 50,000 LTC (long at 10× leverage) and 1,500,000 XRP (long at 20× leverage), each position carrying multi-million-dollar unrealized gains.

Chainlink (LINK) also appears, with roughly 150,000 LINK long at 10× leverage.

These concentrated bets have paid off as altcoins rose: as of early May, SOL traded near $145, LTC near $85, XRP around $2.20, and LINK about $14.

The whale’s SOL stake alone (50k tokens) is worth several million dollars.

The breakdown distinguishes realized gains from paper gains. The data pegs total realized profit at $9M+ from trades in 20+ tokens.

In addition, the wallet still holds positions showing further upside. The altcoin longs imply substantial unrealized gains besides the $5M unrealized on BTC.

For example, the 50,000 LTC and 1.5M XRP positions (held with leverage) each show millions more on the table. Overall, roughly half of the $9M total is already “in the bank” (realized), and the rest is still riding the market.

The data suggest the trader has been closing parts of profitable trades (realizing gains) while still holding core positions to maximize long exposure.