Major investors liquidate $413 million in long positions within an hour, with BTC, ETH, and SOL all realizing profits

【Blockchain Rhythm】Yesterday afternoon, on-chain data monitoring captured a major move again. A well-known hedge strategy account swept through its long positions in just one hour — closing all 4.13 billion USD worth of long positions, ultimately realizing a profit of 14.5 million USD.

Specifically, the liquidation involved a fairly diversified range of tokens. In Bitcoin, 2,453.62 BTC were sold, valued at 234.23 million USD, with a profit of 7.06 million USD. Ethereum was also not left out, with a 1.0387 billion USD position corresponding to 31,256 ETH, generating 5.4 million USD in profit. Although the SOL position was relatively smaller at 71.75 million USD, it still contributed 1.96 million USD in profit, indicating that this big player sees opportunities across multiple sectors.

Additionally, 493,330 SOL, 41,916 HYPE, and 924,687 XR were also sold. Although the profits from these positions were relatively modest (ranging from 67,000 to 9,500 USD), the breadth of the layout clearly shows that this trader has established long positions across multiple tokens. Overall, the profit margin of this operation is quite impressive.