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There's an interesting phenomenon. Previously, a large holder who was shorting and selling 255 Bitcoins has now reversed and built a massive long position. According to on-chain data analysis, this individual currently holds a position worth approximately $310 million.
Specifically, they now hold 12,210 BTC, 32,474 Ethereum, 503,778 SOL, and an additional 14.26 million XRP. These figures indicate that they are not just playing around but are seriously deploying across multiple ecosystems.
Even more astonishing, from this series of actions, this whale has already earned over $9.4 million in profit. The switch from short to long not only reflects a change in market sentiment but also indicates a fundamental shift in large capital's judgment of the current market conditions. The position movements of such top players often provide some reference signals for market participants.