「BTC OG Insider Whale」 Increases Long Position on SOL, Overall Holding Surpasses $700 Million

BlockBeats News, December 18th, according to on-chain analyst Ai Yi (@ai_9684xtpa) monitoring, the "Shorting Whale Insider after the 1011 Flash Crash" increased their long position by 51,612.85 SOL, with a new total holding of 301,612.8 SOL, worth 37.36 million US dollars, an average entry price of 135.2 US dollars, and an unrealized loss of 3.42 million US dollars.

After adding to the position, their overall position has officially exceeded 700 million US dollars.

Correction/Report

RelatedRecommended

VanEck: Why did we apply for the SOL ETF?

SOL may reach $3,211 per coin in 2030

Opinion: Why is a SOL ETF so Hard to Come By?

Given SOL's current market cap and circulation, it's probably going to be tough for these institutions to make money.

From Leading to Lagging: Why SOL Struggles to Keep Up with ETH's Momentum

The True Reasons for SOL Lagging Behind ETH: Treasury Strategy, ETF, and Narrative Gap

What's the Background of the 18 SOL Treasury Companies?

18 companies have participated in the Solana ecosystem by establishing a Solana Treasury, staking SOL tokens, launching Solana-based financial strategies, among other means. Some companies have seen a significant increase in their stock price through these strategies.

SOL Truth: 0.33% of Wallets Control 54% of Tokens, Lockup and Staking Mysteries Unresolved

Where Do SOL Whales Hide?

On-Chain Activity