A BIG shift happening here… and it’s not subtle if you look closely.

This wallet, basically flipped the script. Not long ago leaning short, and now? Fully committed the other way. Opened a heavy 40x long on $BTC , sitting on 439.92 BTC.....that’s roughly $30.16M in position size. Entry came in around $68,876, with the mark price slightly lower near $68,561… so yup, currently a bit underwater with about -$138K uPnL (-18.40%). Liquidation’s parked way down at $52,089.5, margin allocated around $754K. Not exactly a small bet—you can feel the conviction there.
But that’s only half the story.
He didn’t stop at crypto. Also doubled down on oil--Brent, specifically. The position now stands at 249,405.93 xyz: #BrentOil , valued at about $25.22M. Entry price sits near $98.64, and unlike BTC, this one’s actually printing green… roughly +$623K in unrealized profit (+20.89%). Mark price hovering around $91.47, with a massive $2.98M margin backing it. Funding cost even adds a bit more cushion---about +$12.2K.
Digging out for a second… total perp exposure is sitting at ~$55.38M, all of it long. Zero short exposure. Direction bias.... Completely one-sided now. Even with the overall PnL still deep in the red (-$33.7M), the positioning screams one thing—this isn’t hesitation, it’s a full pivot.
WE THINK: Messy, bold… maybe a bit risky. But ofcourse, definitely not random.
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