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Whale reverses to long: Closed $413 million long positions in 1 hour, locking in $14.5 million profit
【Crypto World】Interesting things are happening. A big fish completed a stunning counter-trend move within an hour.
This whale was previously tracked on-chain for shorting 255 BTC, but recently it changed its strategy—going long in a contrarian move, then quickly cashing out. This series of operations closed out long positions worth $413 million, directly pocketing $14.5 million in profit.
Specifically, this transaction involved multiple mainstream blockchains:
From the data, it’s clear that this whale has more precise control over top assets like BTC and ETH, which contributed about 86% of the total profit. This flexible multi-chain asset allocation and timely closing reflect institutional-level market intuition and risk management capabilities.