A seasoned whale trader who positioned a short before the October 10th market downturn has capitalized significantly on the rebound. His strategic pivot to long positions has now generated an impressive $16.4 million profit. His current holdings showcase substantial conviction in the market recovery: ETH positions stand at $647.52 million, followed by BTC at $93.58 million, and SOL at $73.51 million. This significant accumulation across major cryptocurrencies reflects growing bullish sentiment from established market participants and suggests strong conviction in the current market cycle. The trader's ability to catch both the downside and capitalize on the subsequent upside demonstrates sophisticated market timing.