TechFlow News: On May 30, according to onchain analytics platform Onchain Lens, whale trader Evaded closed all his Bitcoin and Ethereum short positions, realizing a total profit of approximately $1.77 million.
Immediately after closing these positions, Evaded opened long positions in Microsoft (MSFT) and Oracle (ORCL) with 10x leverage, holding 41,400 shares of MSFT and 56,600 shares of ORCL respectively.
Based on current market data, the combined value of these two positions is approximately $31.5 million, indicating a strategic shift of capital from shorting crypto assets toward betting on AI- and cloud-computing-related tech stocks’ upward movement.
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