COINOTAG News, citing Onchain Lens data, notes that a prominent whale—previously linked to selling 255 Bitcoin—has again shifted stance, signaling renewed hedging activity across the crypto landscape.

That stance multiplies the short exposure: about 10x for Bitcoin, 15x for Ethereum, and 20x for Solana, creating a combined notional around $243 million.

The breakdown shows about 1,899 Bitcoin (BTC) valued at roughly $168 million, 18,527.5298 Ethereum (ETH) around $56 million, and 151,209.08 Solana (SOL) near $19 million.

Market observers say such moves by large wallets often reflect hedging or liquidity‑management strategies rather than directional bets, highlighting the importance of monitoring exchange flows and risk indicators.