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An important fish news tracked by the on-chain data monitoring agency Onchain Lens: a wallet with a large holding size continues to increase its long positions in mainstream coins.
In the latest position snapshot, this wallet currently holds 2,578.51 BTC (market value of $249.88 million), 45,124 ETH (market value of $151 million), and 479,601 SOL (market value of $70 million), with the total exposure to the three major mainstream coins reaching approximately $471 million.
Interestingly, recently this wallet suffered two losses on small-cap tokens. It liquidated its FARTCOIN position, incurring a loss of $85,000. Immediately afterward, it tried to go long on the PUMP token, but also failed to escape loss, losing another $138,000.
It seems that large investors still focus on core assets like BTC, ETH, and SOL—continuing to increase positions in mainstream coins while quickly entering and exiting small-cap tokens. This operational pattern is worth paying attention to.