A smart-money trader who correctly anticipated ETH and SOL moves ahead of the August 19 market event closed those positions and exited with a $1.89 million profit after a 30-day hold, according to TradingBeats.

BlockBeats On-chain Detection reports that the trader then reopened long exposure on SOL and ETH and initiated a BTC short position.

The current portfolio includes a 40x BTC short worth $7.63 million, a 20x SOL long worth $5.97 million, and a 25x ETH long worth $4.88 million, bringing total exposure to $18.49 million.