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 SOL position open but at a $616.2K unrealized loss. The tech sell-off and broader market risk-off caused SOL's price to drop sharply, nearing liquidation levels. Despite this, analytics suggest an ongoing altcoin season driven by reduced selling pressure, but the whale's timing exposed the trade to significant risk.
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...
Solana, known for its speed and low fees, has lacked privacy features, limiting its appeal for businesses needing confidentiality. Projects like Arcium are introducing encrypted computing on Solana, allowing private transactions and data while mainta...
A sharp sell-off in the cryptocurrency market caused over $700 million in liquidations, with Bitcoin falling below $62,000 and wiping out recent gains. Long positions accounted for 80% of the losses, hitting Bitcoin and Ethereum hardest with combined...
Ethereum's price fell more than 3% in 24 hours to around $1,686, pressured by continued ETF outflows totaling over $66 million and declining derivatives activity. Despite the launch of Ethlabs backed by key ecosystem players, market sentiment remains...
Solana (SOL) is showing bearish technical signals with a double-top pattern near $75 and a bear flag breakdown, both pointing to a potential price decline to around $60. The key support level to watch is $68; a close below this would confirm the bear...
