Smart Money Liquidates 40x Bitcoin Longs While Boosting $11M SOL Position on Hyperliquid

According to on-chain data reported by COINOTAG News on June 27, a prominent smart money entity executed significant portfolio adjustments on Hyperliquid. The trader liquidated over 40x long positions in Bitcoin and reduced more than 25x long positions in Ethereum, signaling a strategic reallocation of assets. Conversely, the same address substantially increased its exposure to Solana, acquiring an additional 79,425.89 SOL tokens, elevating the position’s value by nearly $11 million. This smart money account has realized cumulative profits exceeding $8 million on Hyperliquid, including gains of approximately $2.35 million in the last 30 days. These movements underscore a tactical shift within the crypto derivatives market, reflecting evolving sentiment and risk management among sophisticated investors.

‘,
‘

🔒 Secure and Fast Transactions
Diversify your investments with a wide range of coins. Join now!

‘,
‘

💎 The Easiest Way to Invest in Crypto
Dont wait to get started. Click now and discover the advantages!

‘
];

var adplace = document.getElementById(“ads-binance”);
if (adplace) {
var sessperindex = parseInt(sessionStorage.getItem(“adsindexBinance”));
var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBinance.length) : sessperindex;
adplace.innerHTML = adscodesBinance[adsindex];
sessperindex = adsindex === adscodesBinance.length – 1 ? 0 : adsindex + 1;
sessionStorage.setItem(“adsindexBinance”, sessperindex);
}
})();