Solana Whale Opens $2M Long on HyperLiquid Amid ETF Outflows and Security Concerns

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As reported by Biji.com, a Solana whale deposited $2 million in USDC on HyperLiquid to open a 5x leveraged long position on SOL. This move occurred amid the first-ever spot ETF outflow for SOL on November 26, 2025, totaling $8.1 million, and a 3200 BTC theft from Upbit’s Solana hot wallet on November 28, attributed to the Lazarus group. SOL’s price fell 1.95% in 24 hours to $137.56, underperforming the broader crypto market. Analysts are watching whether whale activity can push the price above the $138 support level.

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