This smart money posted 121 reduction orders within two minutes Address: 0x469e... 58a5 Recently, his transactions have been very frequent: -Multiple SKHX orders have been cleared in batches, and the inventory has been cleared; -MU will switch from long to short and establish a short position starting from $735; The current position snapshot is as follows: -2666.67 MU short position, valued at 4.2221 million US dollars, with a floating loss of 442600 US dollars; -The SP500 short position has expanded to $37.3515 million, becoming the largest position; -Holding multiple orders of ETH, JTO, and PUMP, as well as short orders of HYPE and XRP. At present, the smart money account has not achieved a loss of 1.0266 million US dollars, and the margin utilization rate is 77.94%. But what is more noteworthy than holding positions is his pending order structure. As of 15:32 today (UTC+8), there are a total of 121 pending orders at this address, with a nominal value of 5.116 million US dollars, all of which are reduction only: -XRP: 1 buy order, purchased 2.0893 million pieces, with a hanging price of $1.066 and a value of $2.2272 million. The quantity is almost equal to the current XRP empty position, which means that the replenishment will be basically completed after the transaction. -JTO: 66 tiered sell orders, totaling 2.665 million sold, with prices ranging from $0.5444 to $0.5666, valued at $1.4804 million. The number of pending orders is basically the same as the existing JTO multi warehouse, more like a complete batch exit plan. -PUMP: 54 tiered sell orders, totaling 654.7 million units sold, with prices ranging from $0.002047 to $0.002255, valued at $1.4083 million. It basically covers all of its remaining multiple warehouses. What's even more interesting is that these 121 orders were created between 00:00 and 00:03 in the morning, all of which are regular GTC limit orders with no conditional trigger orders. This is not a temporary manual suspension of a few take profits, but a set of pre deployed batch reduction plans: XRP is waiting for a pullback to level short, JTO and PUMP are waiting for a rebound to level long. So, looking at the current position alone, he is still heavily bearish; But looking at the pending orders, it can be seen that he is arranging exits for both long and short sides at the same time. The true core positions remain on the SP500, MU, and HYPE empty positions, while the remaining positions have entered the processing stage of "withdrawing when the price reaches". Direct address: https://www. (aicoin.com)/zh-Hans/hyper-detail/0x469e9a7f624b04c24f0e64edf8d8a277e6bf58a5