Just a quick update: over the past few days, I’ve been tracking several large on-chain addresses, and today I spotted another trade: 0xbf73…5d58 closed a short position worth $868,000 in $SOL (Hyperliquid, price 86.8001).
After watching for a while, you realize that a single trade doesn’t mean much; a series of moves is what’s worth paying attention to. I’ll keep an eye on what this address does next.
Share your take in the comments.