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Whale Sells 32,195 SOL for $4.18M, Incurs $2.04M Loss Amid Missed $82M Opportunity

Whale Sells 32,195 SOL for $4.18M, Incurs $2.04M Loss Amid Missed $82M Opportunity

An on-chain whale has boosted its 25x leveraged ETH short to $34.83M after earning $11M from prior ETH shorts, continuing an aggressive multi-asset trading strategy.

BTC
ETH
SOL

Summary

An on-chain whale, previously earning $11 million shorting ETH, deposited $4 million USDC into HyperLiquid to increase a 25x leveraged short on ETH to $34.83 million, according to Onchain Lens. The position has a liquidation price of $3,587.25. This activity aligns with past high-leverage, multi-asset trades involving BTC and SOL, including significant gains and losses, demonstrating the whale’s consistent pursuit of aggressive crypto market plays.

Terms & Concepts
  • SOL: The native cryptocurrency of the Solana blockchain, known for its fast transaction speeds and low fees.
  • Whale: An individual or entity holding large amounts of cryptocurrency, capable of influencing market prices.
  • ETH: The native cryptocurrency of the Ethereum blockchain, used to pay for transaction fees and computational services.