In the volatile world of cryptocurrency trading, a prominent trader known as the "1011 Flash Crash Insider" has turned a daring long position into substantial profits, showcasing the high-stakes opportunities in ETH and SOL markets. According to crypto analyst @ai_9684xtpa, this trader's multi-long positions have amassed over 21.67 million USD in floating profits as of January 6, 2026. With the total position value surging to 819 million USD, the strategy highlights resilience amid market turbulence, particularly after the flash crash event. This narrative underscores key trading insights for investors eyeing Ethereum (ETH) and Solana (SOL) price movements, support levels, and potential breakout opportunities.

Breaking Down the Trader's ETH-Dominated Portfolio

The core of this trader's success lies in an 80% allocation to ETH, where floating profits have reached 15.39 million USD. This position, valued significantly within the 819 million USD portfolio, demonstrates a bullish stance on Ethereum despite recent market corrections. Traders analyzing ETH price charts should note historical support around the 2,200 USD level, with resistance potentially at 2,800 USD based on recent trading patterns. The ability of these profits to cover 4.612 million USD in funding fees illustrates effective risk management in perpetual futures trading. For those considering long ETH positions, monitoring on-chain metrics like active addresses and transaction volumes is crucial, as they often signal sustained upward momentum. This case study reveals how leveraging post-crash recoveries can yield impressive returns, with the trader's approach possibly involving detailed technical analysis of moving averages and RSI indicators to time entries post the 1011 flash crash.

SOL Positions Adding to the Momentum

Complementing the ETH holdings, the trader maintains a 70.52 million USD position in SOL, generating 3.908 million USD in floating profits. Solana's high-speed blockchain has attracted institutional interest, correlating with broader crypto market sentiment. Current trading volumes for SOL pairs, such as SOL/USDT, often spike during recovery phases, providing liquidity for large positions like this. Investors should watch for SOL price support at 130 USD and resistance near 180 USD, where breakout potential could align with Ethereum's performance. The integration of these profits into covering funding costs emphasizes the importance of calculating break-even points in leveraged trading. By diversifying into SOL, the trader mitigates ETH-specific risks while capitalizing on Solana's ecosystem growth, including DeFi and NFT integrations that drive on-chain activity.

From a broader market perspective, this trader's strategy post-flash crash offers valuable lessons in cryptocurrency trading opportunities. With ETH and SOL showing correlated movements—often influenced by Bitcoin (BTC) dominance—the floating profits highlight the rewards of holding through volatility. Market indicators like the fear and greed index could provide context, suggesting greed phases where such longs perform best. Institutional flows into ETH ETFs and SOL-based projects further bolster the bullish case, potentially leading to increased trading volumes across exchanges. For retail traders, emulating this requires strict stop-loss orders and position sizing to avoid liquidation risks. As crypto markets evolve, stories like this underscore the interplay between technical analysis, market sentiment, and timely execution, encouraging a data-driven approach to spotting similar ETH and SOL trading setups.

Ultimately, this insider's 21.67 million USD profit milestone raises questions about market tops and sustainability. With profits covering substantial funding fees, it might signal an impending strategy shift, but for now, it exemplifies profitable endurance in crypto trading. Traders interested in replicating such success should focus on real-time price data, volume spikes, and cross-chain correlations, always prioritizing verified sources for informed decisions.