Energetic Strategy of a Major Trader: Ethereum and Solana Positions Reach $608 Million

According to on-chain analyst Ai姨, one of the largest institutional players is demonstrating active trading activity, increasing their positions in two top altcoins. The current value of their long positions in Ethereum (ETH, $3.11K) and Solana (SOL, $139.74) has reached a total of $608 million.

It is particularly interesting that this major player, who previously took short positions during a significant market decline, now shows a changed strategy. Their current long bets indicate confidence in the potential of these projects over a longer horizon.

Unrealized profit from these positions amounts to approximately $12.693 million, reflecting a significant favorable price movement during the holding period. Such large-scale positions are often viewed by market analysts as a signal for careful observation, as the movements of major players can influence the overall market dynamics of the two most significant altcoins.