## Whale Offense on Ethereum and Solana: How Market Giants Are Converting Strategies After the Flash Crash
According to experts tracking the movements of major players on the blockchain, one of the most active "whales" has undergone a significant change in their market approach. After the dramatic flash crash event of 1011, this well-informed market participant decided to shift tactics, moving from earlier short positions to aggressive expansion of long positions on Ethereum and Solana.
On-chain monitoring data indicate the scale of this move. The total value of this player's long positions currently stands at $6.08 billion, representing a substantial increase compared to previous levels. Even more interestingly, the unrealized profit from these positions has already reached $1.269 billion – a figure that suggests this whale not only anticipated a rebound after the flash crash but also skillfully capitalized on it.
The strategic shift from (shorts) to long exposure on alternative coins indicates a change in sentiment among larger players towards this market segment. The fact that the whale focused specifically on Ethereum and Solana suggests a particular interest in the ability of these protocols to recover after extreme market events. Moves of this caliber typically precede larger institutional movements in the market.
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## Whale Offense on Ethereum and Solana: How Market Giants Are Converting Strategies After the Flash Crash
According to experts tracking the movements of major players on the blockchain, one of the most active "whales" has undergone a significant change in their market approach. After the dramatic flash crash event of 1011, this well-informed market participant decided to shift tactics, moving from earlier short positions to aggressive expansion of long positions on Ethereum and Solana.
On-chain monitoring data indicate the scale of this move. The total value of this player's long positions currently stands at $6.08 billion, representing a substantial increase compared to previous levels. Even more interestingly, the unrealized profit from these positions has already reached $1.269 billion – a figure that suggests this whale not only anticipated a rebound after the flash crash but also skillfully capitalized on it.
The strategic shift from (shorts) to long exposure on alternative coins indicates a change in sentiment among larger players towards this market segment. The fact that the whale focused specifically on Ethereum and Solana suggests a particular interest in the ability of these protocols to recover after extreme market events. Moves of this caliber typically precede larger institutional movements in the market.