There has been an interesting move worth paying attention to in the past couple of days—after suffering two consecutive losses, a large fund suddenly changed its strategy.

First, they closed their FARTCOIN position, losing $85,000. Immediately after, they cut their long position in PUMP, losing another $138,000. In total, this resulted in a double-digit loss on the books. However, this guy didn't continue to hold on stubbornly; instead, he re-entered the market this morning.

The new move is even bigger—using 20x leverage, they went all-in on long positions in BTC, ETH, and SOL. According to data, the total position value of this move has reached $464 million. The specific allocation is: $245.92 million in BTC, $150.06 million in ETH, and $69.67 million in SOL.

This shift is quite obvious—going from a previous bearish stance to a firm bullish outlook. It indicates that this fund has made a 180-degree turn in its short-term market judgment. Such rapid adjustment of large positions usually suggests a potential change in market sentiment and could also amplify upcoming market volatility.