Whale large orders adjustment: reduced from 17 counterfeit models to 11, unrealized gains dropped from 3.3 million to 1.04 million

【BlockBeats】A recent activity by a whale wallet warrants attention. This address previously used $8 million to long 11 altcoins, with positions expanding to 17 at one point, and unrealized gains reaching as high as $3.3 million. However, recent actions indicate that this whale has started to take profits selectively.

Coins such as MON, PUMP, AIXBT, and STABLE have been closed out, with MON yielding the highest profit ($400,000), followed by PUMP ($370,000). STABLE and AIXBT also realized profits of $140,000 and $80,000 respectively. However, the closures of FARTCOIN and TRUMP resulted in losses, amounting to $3,800 and $7,000.

After this round of adjustments, the wallet still holds 11 long positions in altcoins, but the total unrealized profit has significantly narrowed to $1.04 million. From massive unrealized gains to reduced holdings, this reflects a change in market risk appetite—large investors are becoming more cautious after taking profits, which may indicate that the enthusiasm for certain altcoins is cooling down.