Recently, the crypto assets market has seen a new wave of capital movements. According to reliable sources, a large investor referred to by industry insiders as "smart money" significantly increased its Ethereum long positions within just 60 minutes, doubling its holdings. Currently, the total value of the Ethereum long positions held by this account has reached an astonishing $12.977 million, with an average build a position price of $3,837.

It is worth noting that this investor is not making a single bet. The most noticeable position in their portfolio is a 3x leveraged long position in Ripple (XRP), which has a market value of up to $16.26 million, indicating the investor's strong optimism about the future trend of XRP.

Overall, this highly watched address has accumulated a profit of $1.447 million on the Hyperliquid platform, demonstrating exceptional trading ability and market insight.

This series of operations has sparked widespread discussion in the market. Analysts believe that this may indicate an increasing confidence among institutional investors in Ethereum and Ripple, while also reflecting potential investment opportunities that may exist in the current market. However, considering the high volatility of the crypto assets market, investors should remain cautious and manage risks when following the movements of large investors.