A whale trader closed out BTC and ETH shorts, making a profit of $1.77 million, then went 10x long on Microsoft and Oracle, with a total position of $31.5 million.


This is not an isolated case. Dell surged 30% before the open, Lenovo's stock price doubled in May, and the S&P 500 has risen nine weeks in a row—AI capital inflows are rewriting the flow of funds.
Liquidity in the crypto market is being drained by AI. BlackRock's Bitcoin ETF size is $54 billion, but the ETF has experienced nine consecutive days of net outflows totaling $2.8 billion. Retail investors are bottom-fishing near $70k, while whales are retreating.
The CFTC has approved the compliance of perpetual contracts, opening the institutional entry channel, but short-term capital will not flow into both markets simultaneously. AI's better-than-expected performance and expanded capital expenditure are causing a structural shift away from the crypto market.
Whale position switching is a micro signal: when the return expectations of AI assets surpass those of crypto, smart money will exit first.
$btc #eth #cftc #defi #etf
BTC0.74%
ETH0.55%
MSFT2.42%
SPYX0.13%
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