**["On-Chain Trader" Closes $70 Million in Crypto and Precious Metals Positions, Opens $17 Million Short Positions in U.S. Stock Storage Sector]** BlockBeats reports that on February 12, according to Coinbob's popular address monitoring, the "On-Chain Trader" (0xfc66…) recently closed $40 million worth of "ETH/SOL exchange rate" short positions and $30 million worth of on-chain gold-related long positions. After closing these positions, the address has continued to increase short positions in U.S. stock storage sector targets today, with the total scale of related short positions now reaching $17.6 million. The main holdings are as follows: - **3x MU (Micron):** Position size approximately $10.3 million, average price $390, unrealized loss approximately $860,000; - **3x SNDK (SanDisk):** Position size approximately $7.3 million, average price $603, unrealized loss approximately $430,000; - **3x NVDA (NVIDIA):** Position size approximately $6.97 million, average price $186, unrealized loss approximately $180,000; - **3x GOOGL (Google):** Position size approximately $4.91 million, average price $320, unrealized profit approximately $120,000. It is reported that this address has previously focused on on-chain contract operations for crypto assets. Since January 8, it has been continuously reducing high-leverage short positions in ETH, BTC, and SOL, while gradually increasing on-chain stock positions. Over the past month, its on-chain stock positions have accumulated nearly $80 million, with recent partial funds returning to the crypto market.