On-chain data shows that a top investor who previously shorted 255 BTC has recently made a large-scale position adjustment within the past hour. This operation involved multiple mainstream cryptocurrencies, with a total closing position of $413 million and ultimately locking in a profit of $14.5 million.
Specifically, this whale liquidated 2,453.62 BTC (worth $234.23 million, with a profit of $7.06 million) and 31,256 ETH (worth $103.87 million, with a profit of $5.4 million). At the same time, they closed a position of 493,330 SOL (worth $71.75 million, with a profit of $1.96 million). Additionally, they disposed of 41,916 HYPE (profit of $67,000) and 924,687 XR (profit of $9,500).
In terms of profit distribution, BTC and ETH contributed the most, with $7.06 million and $5.4 million respectively, accounting for nearly 86% of the total profit. This large-scale reduction in positions indicates that market participants are choosing to lock in gains at the current price levels.
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On-chain data shows that a top investor who previously shorted 255 BTC has recently made a large-scale position adjustment within the past hour. This operation involved multiple mainstream cryptocurrencies, with a total closing position of $413 million and ultimately locking in a profit of $14.5 million.
Specifically, this whale liquidated 2,453.62 BTC (worth $234.23 million, with a profit of $7.06 million) and 31,256 ETH (worth $103.87 million, with a profit of $5.4 million). At the same time, they closed a position of 493,330 SOL (worth $71.75 million, with a profit of $1.96 million). Additionally, they disposed of 41,916 HYPE (profit of $67,000) and 924,687 XR (profit of $9,500).
In terms of profit distribution, BTC and ETH contributed the most, with $7.06 million and $5.4 million respectively, accounting for nearly 86% of the total profit. This large-scale reduction in positions indicates that market participants are choosing to lock in gains at the current price levels.