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Whale Adds to Short Position in SOL, Gains $15.9M in Floating Profit

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SOL
$125.76-0.37%
Whale movement in the Solana market has intensified as a major short position in SOL was expanded during the recent downturn. The whale now holds a 20x short with $15.9 million in floating profit, per OnchainLens. With altcoins to watch showing mixed signals, this whale activity highlights shifting risk appetite. SOL’s price action remains under pressure as large players adjust exposure.
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