The smart money address decreases its 25x ETH long positions while maintaining significant holdings in Bitcoin and other tokens, reflecting strategic trading decisions.
On July 28, on-chain data indicated that a notable smart money address reduced its 25x ETH long positions by 6,913.12 ETH, totaling a decrease of $21,048,396.95. The address continues to hold ETH long positions valued at $71.33 million, with an unrealized profit of $4.76 million. Additionally, it maintains 5x long positions in HYPE and PUMP, reporting a 24-hour profit of $2.94 million and a total profit of $23.47 million.