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Whale reverses to go long? Invests $310 million to build a position of over 12,000 BTC
【Crypto World】An interesting on-chain movement worth paying attention to. The previously aggressive short-seller who sold 255 Bitcoin has recently made a “180-degree turn.”
According to on-chain data tracking, this whale has quietly established a long position worth $310 million. Specifically, they currently hold 12,210 BTC, 32,474 ETH, 503,778 SOL, and 14.26 million XRP. From short to long, this move has also yielded considerable returns—the unrealized profit has exceeded $9.4 million.
The position changes of such large holders often reflect shifts in market expectations. Switching from short to long indicates that this seasoned player’s outlook on the market has changed significantly. Whether from a technical or fundamental perspective, such signals are generally regarded as important references in whale tracking circles.