Solana News Update: Major Solana Investor Exits Large SOL Position While Top ETH Players Double Down
- A Solana whale sold 30,678.76 SOL ($1.265M loss), leaving $22.74M in unrealized losses amid shifting whale strategies. - Contrasting moves see "Smart Money" whale adding $9.96M in ETH (2,621.95 tokens) to a $62.35M leveraged long position. - Market fragility grows as $222.7M in short losses reported, with Ethereum's $41–$42 support level critical for short-term price action. - Institutional crypto derivatives activity rises, including SEC's $1B HYPE staking application and Binance's large ETH orders. - W
A significant
This stands in contrast to other whales who have increased their positions in
The Solana whale's decision mirrors a wider trend of investors seeking safety amid market swings. Recently, a veteran
Analysts point out that Ethereum’s crucial $41–$42 support range could shape short-term price moves, with leveraged trades increasing risk. Hyperliquid’s derivatives market is seeing more institutional activity, including a $1 billion SEC staking application for HYPE and substantial ETH orders on Binance. Despite these changes, the crypto market remains unstable, with $222.7 million in short liquidations and $182.6 million in long gains recently reported.
The Solana whale’s losses highlight the dangers of leveraged trading. While the average entry price for SOL was $198.22, the current market has wiped out gains from previous rallies. In comparison, the "Smart Money" whale’s ETH position, with an average entry of $3,741.34, is closer to break-even, though unrealized profits have dropped to $654,000 from a previous peak of $8.61 million.
With uncertainty lingering, whale movements continue to influence market sentiment. The "Smart Money" whale now holds the second-largest ETH long on Hyperliquid, serving as a key signal for Ethereum’s direction. On the other hand, the Solana whale’s exit underscores the vulnerability of high-leverage approaches in turbulent conditions. As institutional interest in crypto derivatives grows and retail traders face mixed signals, the actions of these major players are likely to impact short-term price trends.
As reported by
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.
You may also like
Bitcoin Latest Updates: While Cryptocurrencies Decline, Major Institutions Reinforce Their Commitment to Long-Term Prospects
- Bitwise CEO Hunter Horsley asserts crypto's long-term fundamentals remain strong despite recent market selloffs, citing ETF growth and regulatory progress. - Bitwise's $497M Solana Staking ETF (BSOL) dominates 98% of Solana ETF flows, offering 7.20% staking rewards and options trading since November. - U.S. regulators advance crypto-friendly measures including leveraged spot trading plans, while institutions like BlackRock expand digital asset offerings. - Despite Bitcoin's $95k dip and bearish technical
LUNA Rises 9.00% in a Day Following Debut of Namibian High-End Resort and Expansion of Mining Drilling Operations
- LUNA surged 9% in 24 hours but fell 79.24% annually amid mixed technical indicators. - Gondwana Collection Namibia launched the Luna Namib Collection, a luxury desert retreat opening July 2026 with private stargazing and tailored experiences. - NGEx Minerals began Phase 4 drilling at Lunahuasi, targeting 25,000 meters of high-grade copper, gold , and silver deposits with C$175M funding. - The "Luna" name gained cross-sector relevance in tourism and mining, prompting backtesting strategies to analyze pric
COAI's Latest Price Decline: An Overreaction by the Market and a Chance for Undervalued Investment
- COAI Index plunged 88% YTD in Nov 2025 amid AI/crypto AI sector selloff, driven by C3.ai's leadership turmoil, $116.8M losses, and regulatory ambiguity. - C3.ai's Q1 2025 revenue rose 21% to $87.2M, with 84% recurring subscription income, highlighting resilient business fundamentals despite unprofitability. - AI infrastructure stocks like Celestica (CLS) surged 5.78% as analysts raised price targets to $440, contrasting crypto AI's freefall and signaling market overcorrection. - Regulatory clarity on AI/
Aave News Update: MiCA Green Light Spurs Aave’s No-Fee On-Ramp, Accelerating Widespread DeFi Integration
- AAVE token gains bullish momentum as on-chain growth and MiCA regulatory approval align for potential $450 price surge. - Technical indicators like TD Sequential signal strong buy opportunities, with $250 breakout likely to trigger renewed uptrend. - Aave becomes first DeFi protocol authorized under MiCA, enabling zero-fee euro-crypto conversions across EEA via GHO stablecoin. - Protocol's $542M daily volume and $22.8B borrowed assets highlight operational growth outpacing undervalued market price. - MiC
Trending news
MoreCrypto prices
More
