Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Solana Latest Updates: Major Investor's $26M Solana Investment Signals Institutional Trust, Reliance Fuels Growth

Solana Latest Updates: Major Investor's $26M Solana Investment Signals Institutional Trust, Reliance Fuels Growth

Bitget-RWA2025/11/03 02:10
By:Bitget-RWA

A prominent crypto whale has significantly increased its stake in

(SOL), establishing a leveraged position exceeding $26 million as growing optimism in the market fuels a shift of capital into leading cryptocurrencies, as reported by . The investor, tracked by blockchain analyst Lookonchain under the address 0xc2a3, has achieved a flawless 100% win rate on several contract trades since October 14. Their portfolio now totals $448.8 million in (BTC) and (ETH) long positions, in addition to the newly opened trade.

This whale’s Bitcoin holding—1,683

acquired at an average price of $110,680—remains central to their approach, with unrealized gains now topping $13.4 million. Recent moves include increasing BTC longs through limit orders between $114,206 and $114,527, and initiating a 10x leveraged position in SOL. The Ethereum holding, totaling 40,305 at an average of $3,929, has grown to $196.3 million. Analysts such as Posty have identified $4,250 as a key resistance level for further upward movement.

Solana Latest Updates: Major Investor's $26M Solana Investment Signals Institutional Trust, Reliance Fuels Growth image 0

The whale’s increasing Solana position has attracted notable attention. On November 2, the 0xc2a3 wallet added 8,164.4 SOL to its long, bringing the total to 569,050.58 SOL—worth about $105 million, according to

. This action mirrors a wider trend of institutional interest, as Group (RELI) revealed a strategic purchase of SOL to broaden its digital asset portfolio, as detailed in . The firm, which already owns Bitcoin, Ethereum, and , pointed to Solana’s efficient network and minimal transaction costs as main reasons for the acquisition.

These developments are being watched closely by market participants. The whale’s BTC position could be at risk of liquidation if prices fall below $77,725, while the ETH long may be threatened if it dips under $2,777. Analysts such as Ali Martinez have highlighted $111,160 as a crucial support for Bitcoin, with resistance at $117,630, emphasizing the market’s volatility. For Solana, the whale’s assertive accumulation signals strong short-term conviction, though traders should keep an eye on the $198.22 level, which marks the whale’s average SOL entry price.

The ongoing interaction between institutional and whale capital is influencing the market’s direction this November. With the overall crypto market cap recently climbing above $3.78 trillion, continued strength in major coins could further boost positive sentiment. Still, as Posty advises, Ethereum investors should remain patient, with $4,075 retests serving as a gauge for market momentum.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Bitcoin News Today: Bitcoin's 405k BTC Liquidation: Is the Market Finding Balance or Facing an Imminent Collapse?

- Bitcoin HODLers sold 405,000 BTC in 30 days, the largest drawdown since July 2025, as spot trading volume surged to $300B in October 2025. - Analysts debate if this reflects market stabilization or prelude to further capitulation, with Binance dominating 58% of spot trading volume. - Long-term holders offloaded 325,600 BTC while short-term holders face average losses, raising concerns about sustained distribution phases. - Miner reserves stabilized near $115,000 price level, but risks persist below $110,

Bitget-RWA2025/11/03 08:44
Bitcoin News Today: Bitcoin's 405k BTC Liquidation: Is the Market Finding Balance or Facing an Imminent Collapse?

Ethereum News Update: Ethereum’s Dominance in Stablecoins Sparks Infrastructure Battle with Stripe and Solana Competing for Payment Leadership

- Ethereum processed $2.82 trillion in stablecoin transfers in October 2025, a 45% monthly increase driven by USDC ($1.62T) and USDT ($895.5B). - Layer-2 networks like Arbitrum ($154B volume) enabled faster, cheaper transactions while maintaining Ethereum's security and decentralization. - Stablecoin markets are projected to grow from $300B to $2T by 2026, with Ethereum powering over half of issued stablecoins and expanding in Latin America and Europe. - Institutional adoption boosted Coinbase's Q3 profits

Bitget-RWA2025/11/03 08:44
Ethereum News Update: Ethereum’s Dominance in Stablecoins Sparks Infrastructure Battle with Stripe and Solana Competing for Payment Leadership

Dogecoin News Today: Large Holders Challenge Dogecoin’s $0.18 Level, Raising Concerns Over Market Fluctuations

- Dogecoin (DOGE) tests $0.18 support level amid analyst warnings of a potential 63% drop to $0.07 if bulls fail to defend the threshold. - Technical indicators show fragile balance between buying interest and whale-driven sell-offs, with RSI near oversold and MACD turning positive. - Institutional adoption like Grayscale's Dogecoin trust contrasts with its 75% decline from 2021 highs despite social media-driven brand visibility. - Market dynamics highlight DOGE's dependence on Bitcoin and macro sentiment,

Bitget-RWA2025/11/03 08:44
Dogecoin News Today: Large Holders Challenge Dogecoin’s $0.18 Level, Raising Concerns Over Market Fluctuations

Dogecoin News Today: Contrasting Paths in Crypto: ADA and DOGE Face Challenges While BlockDAG's Presale Gains Momentum

- Cardano (ADA) confirms a "death cross" on hourly charts, dropping below $0.60 after large holders sold 100M ADA, intensifying bearish pressure. - Dogecoin (DOGE) consolidates near $0.18 support, with DeFi growth (5.10% 24h TVL rise) and technical indicators suggesting potential for $0.25-$0.33 gains if support holds. - BlockDAG's $435M presale surges, attracting 312K holders and institutional backing, with a planned $0.05 Feb 2026 listing positioning it as a "Layer-1 breakout" candidate. - Divergent cryp

Bitget-RWA2025/11/03 08:44
Dogecoin News Today: Contrasting Paths in Crypto: ADA and DOGE Face Challenges While BlockDAG's Presale Gains Momentum