An on-chain investor has liquidated $70 million in cryptocurrency and precious metals positions, reallocating funds to short positions in the U.S. storage sector. The investor, identified by the address 0xfc66, closed a $40 million short position on the ETH/SOL exchange rate and a $30 million long position in gold-related assets. Following these closures, the investor increased long positions in U.S. storage sector stocks, with short positions now totaling $17.6 million. Key holdings include Micron, SanDisk, NVIDIA, and Google, with varying unrealized losses and profits. This strategic shift marks a significant move from high-leverage crypto positions to on-chain stock investments, totaling nearly $80 million over the past month.