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On-chain data tracking has uncovered an interesting move — a large holder recently opened a long position portfolio worth $32.62 million, currently with an unrealized profit of over $3.4 million.
This whale player has quite a substantial stake, now holding 17 different positions simultaneously. The portfolio includes mainstream assets like BTC, as well as tokens such as STBL, IP, HYPE, XPL, MON, PUMP, TRUMP, GRIFFAIN, VVV, HMSTR, FARTCOIN, HEMI, MAVIA, LIT, STABLE, and AIXBT. It appears to be a multi-chain, multi-asset deployment, with a broad range of bets.
In terms of unrealized profit margin, this move was timed quite well. For traders who follow whale activity, such position data can often reflect the genuine expectations of some market participants.