#MSCI未排除数字资产财库企业纳入范围 【After losing 3.8 million, he surprisingly bought Ethereum with heavy funds】 A trading story has been trending this week. A top wallet address sold off its BTC long positions on the exchange this morning, incurring a stop-loss and shrinking the account by about $3.8 million. But the plot quickly reversed. Just after the loss was finalized, this address turned around and poured the remaining 31.7 million USDC into Ethereum. The method was quite professional—directly buying 10,000 ETH through OTC channels, completely avoiding the impact costs on the secondary market. Now his holdings look like this: - Total ETH: 40,000 - Current market value: approximately $127 million - Average cost: $3,241 per ETH What does this operation reveal? **Stop-loss does not equal giving up**. Many see closing a position as bearish on Bitcoin, but it’s more likely a reallocation of assets. This guy’s conviction is still there; he just moved his chips from BTC to ETH. **Institutional-level execution logic**. Why not buy on the spot market? OTC trading might have higher fees, but it avoids large buy orders crashing the market—this is standard for professional funds. **Immediate position building shows firm judgment**. After the $31.7 million USDC stop-loss, he immediately invested it all, indicating his bullish outlook hasn’t changed—only the way he allocates his bets. Top traders in the market are never error-free. Their real skill lies in—adjusting immediately after mistakes. Stopping losses corrects previous biases, but their confidence in the future market remains unshaken. $BTC $ETH $SOL

#以太坊大户持仓变化 【Loss of 3.8 million then re-entering the market, what logic is behind this move?】 This morning, a seasoned address executed a textbook-level position adjustment—first closing out its BTC long position on the exchange, incurring a loss of about $3.8 million. But the real interesting part is coming. Immediately after, this address moved the remaining 31.7 million USDC through Wintermute OTC to buy 10,000 ETH in one go. The entire account now looks like this: ETH total position: 40,000 Account market value: approximately $127 million Average cost: $3,241 What is the message behind this move? Let’s break it down: **Stop-loss does not mean bearish** Deciding to cut the BTC position is quite straightforward—it’s not about thinking the crypto market is over, but about adjusting the main betting direction. A style switch, not a full retreat. **Why choose OTC trading instead of dumping on the market** If large funds directly sweep 10,000 ETH on the secondary market, the impact cost would be unbearable. Completing the trade through OTC channels is standard for institutional players—it allows for relatively stable prices and avoids market noise. **What does it mean to re-enter immediately after a stop-loss?** The key signal here is: the direction hasn’t changed; only the asset allocation weights have been adjusted. True smart money isn’t about holding on just because they guessed right, but about continuously optimizing the portfolio according to market rhythm. Ultimately, the stop-loss discards outdated views, leaving confidence in the market intact. $BTC $ETH $SOL

Solana Drives Growth in Tokenized Stocks as AUM Surpasses $1 Billion - - #cryptocurrency #bitcoin #altcoins