Whale Executes Strategic Exit from $413M Long Positions
A prominent crypto whale, previously known for accurate market calls, has exited a massive long position within the past hour, cashing out $413 million in holdings and securing $14.5 million in profits, according to on-chain analytics.
The move reflects a disciplined, multi-asset approach to profit-taking amid elevated market valuations, suggesting growing caution about near-term price sustainability.
Detailed Breakdown of the Position Close
- Sold 2,453.62 BTC worth $234.23M, realizing $7.06M in gains
- Exited 31,256 ETH valued at $103.87M, locking $5.4M in profit
- Reduced 493,330 SOL positions, cashing out $71.75M with $1.96M earned
- Unwound 41,916 HYPE tokens, liquidating $1.07M and gaining $67,000
- Finalized 924,687 XR holdings, generating $2.01M and $9,500 in profit
The investor had previously drawn attention for shorting Bitcoin ahead of a major correction. This latest action may signal skepticism about further upside, potentially foreshadowing a market pullback.
As macro conditions remain volatile, such strategic moves by deep-pocketed players offer valuable clues for retail and institutional investors alike.