"Smart Money" Cuts 25x ETH Position, Holds BTC & SOL

July 28, 2025, according to on-chain data, a "smart money" investor reduced their 25x long position in ETH by 2,368.85 ETH, leaving them with a position worth $388.4 USD. Meanwhile, this investor still holds a 40x long Bitcoin (BTC) position worth $14.92 million and a 20x short SOL position worth $4.84 million.

In the past week, the investor earned a $1.15 million profit on the Hyperliquid platform, showcasing a strong trading strategy with high leverage.

1. Details Of ETH Position Reduction

The investor significantly reduced their ETH position by cutting their 25x long ETH position by 2,368.85 ETH. This reflects a risk management strategy, especially in a market filled with uncertainty and price volatility. It shows that the investor is adjusting their strategy to protect profits and minimize risk, particularly as ETH's market conditions remain volatile.

2. Strategy Of Holding Bitcoin And SOL Positions

Despite reducing their ETH position, this investor continues to hold a 40x long Bitcoin position worth $14.92 million, showing strong confidence in Bitcoin as a safe asset in the ever-changing crypto market. Bitcoin is currently trading at $117,254, down slightly by 1% in 24 hours, but maintaining a stable growth rate over the long term.

The investor also holds a 20x short SOL position worth $4.84 million, suggesting a bearish outlook on Solana (SOL), potentially due to market instability or predictions of a price decline for SOL tokens.

3. $1.15 Million Profit On Hyperliquid

Over the past week, the investor earned $1.15 million in profit from trading on the Hyperliquid platform, which is a prominent decentralized exchange (DEX) in the DeFi community. The substantial profit from Hyperliquid highlights the investor's success with leverage trading and their ability to take advantage of market opportunities.

4. Analysis Of The "Smart Money" Investor's Trading Strategy

The trading decisions made by this investor show their calculated use of leverage, especially with large positions like ETH, BTC, and SOL. The combination of long Bitcoin and short Solana reflects a diversified investment strategy that aims to reduce overall risk while maximizing potential returns.

Additionally, earning $1.15 million in a week on Hyperliquid further proves the investor's risk management and market timing skills.