Smart money that previously closed all Bitcoin long positions and increased SOL longs has now reduced its SOL and HYPE long positions
BlockBeats News, June 29 — According to on-chain data, the smart money that fully closed a 40x long position in Bitcoin and reduced a 25x long position in ETH on the 27th, while increasing a 20x long position in SOL, has just reduced its SOL long position by 16,759.86 tokens and also trimmed its HYPE long position by 57,756.55 tokens.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Analysis: The market is betting on $80,000 as strong support and $100,000 as strong resistance

Santiment: "Buy the dip" strategy is fading as Ethereum approaches the strong resistance zone at $3,200
Arthur Hayes: Maybe Monad can unlock all tokens and retain users, challenging Ethereum and Solana
Hyperliquid confirms that 1.75 million HYPE tokens have been unlocked for developers and core contributors.
