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Smart money that positioned early for the "8.19" market move closed positions to lock in profits before opening new ones, shorting Bitcoin with 40x leverage while going long on ETH and SOL.

BlockBeats news, September 17th, according to TradingBeats monitoring, the smart money that precisely went long on ETH and SOL before the "8.19" market rally has closed its positions and exited, earning $1.89 million after holding for 30 days.


However, it immediately reopened long positions on SOL/ETH and a short position on BTC, now holding a 40x Bitcoin short position worth $7.63 million, a 20x SOL long position worth $5.97 million, and a 25x ETH long position worth $4.88 million, with a total position value of $18.49 million.

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