A well-known on-chain whale recently increased their holdings significantly and adjusted their trading strategy. The investor currently controls a long position worth $471 million, including 2,578.51 BTC, 45,124 ETH, and 479,601 SOL.

What’s even more noteworthy is the change in their position—this whale completely closed all short positions and established new long positions with 20x leverage. This aggressive shift from short to long reflects strong confidence from large funds in the current market. Bitcoin, Ethereum, and SOL, as mainstream assets, are typically the focus of institutional investors' allocations.