The address that claimed "255 BTC Sold" switched from short to long positions, heavily investing in ETH, BTC, and SOL, and also increasing its short p...
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TL;DR
An on-chain address known as '255 BTC Sold' has shifted from short to long positions, now holding significant amounts of ETH, BTC, and SOL, while increasing its short position in DASH.
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DashHalving TokensGovernancePrivacySolanaEthereumcryptocurrencytrading positionson-chain analysisBTCETH
PANews reported on January 22 that, according to Onchain Lens monitoring, the on-chain address "255 BTC Sold" has closed its short positions in BTC, ETH, and SOL and switched entirely to long positions. Its current holdings include 67,425.6 ETH (approximately $205 million), 968.1 BTC (approximately $87 million), and 527,399.75 SOL (approximately $69 million). Simultaneously, the address increased its short position in DASH to 106,663 BTC (approximately $7 million), currently showing a floating profit of approximately $7 million.