🚨 HYPERLIQUID WHALE: LOST $10 MILLION, THEN MADE A HUGE BET ON SOLANA $SOL ?
Here’s the interesting part everyone is talking about.
A whale on Hyperliquid just lost $10.5 million on a single Ethereum long, wiping out a streak of 10 consecutive winning trades. Right after that, they opened a 10x leveraged Solana long worth $26.97 million.
Think about it: SOL is at $70.27, down 20.94% in a week. Some would call this buying the dip; others would call it trying to win it back with high leverage.
Taking a big loss and then increasing the size of your position is a familiar psychological response among traders. With 10x leverage, there’s very little room for error on this trade.
🎯 My take: if SOL holds its current price range, this trade could make for a great story; if the price keeps sliding, 10x leverage will quickly become a problem.
👀 I’m watching to see whether this whale holds or cuts the position as prices swing.
$SOL $ETH #Solana #Crypto
Here’s the interesting part everyone is talking about.
A whale on Hyperliquid just lost $10.5 million on a single Ethereum long, wiping out a streak of 10 consecutive winning trades. Right after that, they opened a 10x leveraged Solana long worth $26.97 million.
Think about it: SOL is at $70.27, down 20.94% in a week. Some would call this buying the dip; others would call it trying to win it back with high leverage.
Taking a big loss and then increasing the size of your position is a familiar psychological response among traders. With 10x leverage, there’s very little room for error on this trade.
🎯 My take: if SOL holds its current price range, this trade could make for a great story; if the price keeps sliding, 10x leverage will quickly become a problem.
👀 I’m watching to see whether this whale holds or cuts the position as prices swing.
$SOL $ETH #Solana #Crypto
