【Block Rhythm】A recent activity of a whale wallet is worth paying attention to. 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 made profits of $140,000 and $80,000 respectively. However, the closures of FARTCOIN and TRUMP resulted in losses, with $3,800 and $7,000 respectively.
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