Solana (SOL) has fallen 5-7% to trade around $68-69 after a large whale initiated a 20x leveraged short position worth approximately $38 million near $69. This bearish move pressures the market as SOL struggles to reclaim the $70 level, with critical resistance identified between $75 and $78. Analysts warn that failure to break above this zone could push prices down to $60 or lower, potentially reaching $40-$30. Technical indicators suggest selling momentum may be slowing, but a sustained recovery depends on surpassing key resistance levels.
Bitcoin is experiencing significant outflows as institutional investors move capital into AI stocks and upcoming tech IPOs like SpaceX and Anthropic. Spot Bitcoin ETFs saw their second-largest three-week outflow on record, and CME Bitcoin futures ope...
Solana's gaming ecosystem is experiencing a resurgence in 2026, highlighted by the video game Kintara generating over $450,000 in marketplace transactions shortly after its May launch. Additionally, FarmTown onboarded more than 20,000 unique digital ...
Solana (SOL) maintained its key $70 support level as institutional interest grows, highlighted by a $24 million position from large investors and MoneyGram joining Solana's proof-of-stake network as a validator. This move signals increasing adoption ...
A whale trader opened a $24.34 million leveraged position on Solana (SOL) and Ethereum (ETH), betting on a rally. The trader closed the ETH position with a $14.2K profit amid a tech sector sell-off that pressured crypto markets, leaving the $16.5M SO...
A crypto whale has taken a significant bearish position against Solana (SOL) by shorting 554,680 SOL worth $38.15 million with 20x leverage. This move comes as Solana's price fell nearly 8% amid a broader crypto market decline and ongoing selloff, wh...
