Is a single whale’s position meaningful?
0xbac2…d897 closed a $1.1 million short position in $SOL (Hyperliquid, 110.4588).
When looking at whale data, pay attention to three things: whether it’s a new position or a closing trade, how large the amount is relative to market trading volume, and whether there are subsequent trades in the same direction. A single trade is a clue, not a conclusion.
#Solana计划将出块时间缩至200毫秒 #SOL
0xbac2…d897 closed a $1.1 million short position in $SOL (Hyperliquid, 110.4588).
When looking at whale data, pay attention to three things: whether it’s a new position or a closing trade, how large the amount is relative to market trading volume, and whether there are subsequent trades in the same direction. A single trade is a clue, not a conclusion.
#Solana计划将出块时间缩至200毫秒 #SOL