Onchain Lens posted on X that a significant cryptocurrency trader, known as '255 $BTC Sold,' has recently closed its short positions in Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). The trader has now switched to long positions, acquiring 67,425.6 ETH valued at $204.6 million, 968.1 BTC worth $87 million, and 527,399.75 SOL totaling $69 million.

In addition to these changes, the trader has increased its short position in Dash (DASH) to 106,663 DASH, amounting to $7 million. This adjustment has resulted in a floating profit of $7 million for the trader.