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Wallet shifts $54M Ether long to $27M Solana position amid price drops

Market News
15 Nov 2026, 04:46 WIB
Tokenpost
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Bearish
Wallet shifts $54M Ether long to $27M Solana position amid price drops

A cryptocurrency wallet known as @fiyopi closed a large Ether (ETH) long position worth $54.08 million after the price dropped below its entry point. The wallet sold 24,500 ETH at $1,783.3, down from an entry price of $2,207.5, and then opened a $27 million long position in Solana (SOL) at $70.50. This move reflects a significant reduction in exposure to Ether and a new bet on Solana despite both cryptocurrencies experiencing price declines that day. The shift highlights changing investor strategies in volatile crypto markets.

As of Nov 15, 2026 10:02 WIB, Ethereum trades at Rp33,508,097 on Pluang with a 1-day decline of 3.71%. Solana is priced at Rp1,318,882 and has fallen 4.78% in the same period. Despite these declines, Pluang users show a 70% buy interest in Solana, indicating ongoing demand for the token.

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