Whale 'The White Whale' Abandons SOL Position, Misses $20 Million Profit

Market recovery leads to liquidations of whale @qwatio's short positions in BTC, ETH, SOL, and XRP, reflecting ongoing volatility.

BTC

ETH

SOL

214d ago

Summary

Whale @qwatio's short positions in Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and XRP faced liquidation as the market recovers. The whale's unrealized profits peaked at $12 million but fell to $1.3 million, highlighting volatility in the cryptocurrency market.

Terms & Concepts

BTC: Bitcoin, the first and most widely recognized cryptocurrency, often used as a digital store of value.
ETH: Ethereum, a decentralized platform that enables developers to build and deploy smart contracts and decentralized applications.
SOL: Solana, a high-performance blockchain platform designed for decentralized applications and crypto projects.