Wrapped Solana (SOL)

$SOL is looking to liquidate high-leverage short positions. https://t.co/KGo8ITGZoF

After More Than a Year of Silence, This Whale Is Back.

A wallet that had been inactive for over a year has suddenly come back to life. Few hours ago, whale 4z56a1 spent 5,000 $SOL (around $358K) to buy 242.66M PUMP.

The wallet has an interesting history. More than a year ago, it bought 10,957 SOL for about $2.6M at an average price of $237 and staked the entire position.

Even after earning 1,206 #SOL in staking rewards, it's still sitting on an unrealized loss of more than $1.7M (-66%) as SOL remains well below its entry price. Instead of giving up, the whale is now making a fresh bet on PUMP.

Address: 4z56a1TK4utNZJYX9udBt45cpWUB1PMqB8NgRjTMkRJy

A few altcoins I frequently follow showed activity today.

$rave: alpha holdings have increased, OI is up about 50%, the contract linkage resonance gave a signal, price doubled from yesterday to today, funding is still positive, it looks like it's still in the building phase, but if this whale hasn't changed, it's still a malicious whale, let's keep an eye on it.

$币安人生: Many people look at data and talk about explosive longs or shorts, but the whales aren't idiots, they can see the long/short data. I think they're just creating some movement. They spent a lot of money pulling the price before, how could they now operate just to explode a little money at this level? Now the $币安人生 token is no longer within my AI monitoring scope; it's all seen with the naked eye.

$龙虾: This whale has been quite active lately, not following any market trend, and started making proactive moves. However, I still believe this whale doesn't have much strength; it plays around and leaves each time, many, many times.

On-chain

sol launched a 100m project in a very short time. Whether many people are on the train is actually irrelevant; this itself is a signal that sol is about to cause some activity again. The first group of people are not on the train, so they will look for 2,3,4,5,6,7,8,9,10 others. Therefore sol will always have to be active, and it depends on whether another whale steps in.

That said, every time sol stirs something up, BSC also jumps in to do something. Right now there is already a $mame available here; let's see if there's an opportunity.