On-chain whales adjust their portfolios, shifting from ZEC profit-taking to high-multiplier long positions on BTC

A well-known on-chain trader recently made a round of strategic adjustments. According to on-chain data, the trader liquidated their previous ZEC long positions, realizing a profit of $2,190, and then quickly shifted funds into the Bitcoin market.

Specifically, the trader went long on 11 BTC with 40x leverage, with a position size of approximately $970,000. This move indicates an increasingly bullish attitude towards the current market, and after realizing profits on ZEC, they directly switched to a higher-risk, higher-reward leveraged long strategy.

Notably, the trader’s position in the Ethereum market remains stable. They continue to hold 5,450 ETH with 25x leverage, with unrealized gains of $304,000, showing continued optimism about Ethereum’s medium-term trend.

Overall, the trader maintains high-leverage exposure across multiple cryptocurrencies, including fully taking profits on ZEC and continuously increasing leverage on BTC and ETH. This dynamic adjustment strategy reflects on-chain large holders’ multi-dimensional approach to current market opportunities.

ZEC6,16%
BTC0,32%
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