Is a single whale's position useful as a reference?
0x7160…d47c closed a long position worth $1.41 million, $SOL (Hyperliquid, 89.6172).
When looking at whale data, pay attention to three things: whether it's opening or closing a position, the amount relative to market trading volume, and whether there are repeated moves in the same direction afterward. A single trade is just a clue, not a conclusion.
#SOL
I could be wrong too, so don't take this as advice.
0x7160…d47c closed a long position worth $1.41 million, $SOL (Hyperliquid, 89.6172).
When looking at whale data, pay attention to three things: whether it's opening or closing a position, the amount relative to market trading volume, and whether there are repeated moves in the same direction afterward. A single trade is just a clue, not a conclusion.
#SOL
I could be wrong too, so don't take this as advice.
