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Crypto

SOL Whale Opens Record-Breaking Long Position on Hyperliquid

Guavy AI Editorial Team
Instruments
HYPE USDC
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A large SOL whale has made a significant move in the cryptocurrency market, opening a 20x long position targeting 500,000 SOL at $75.867 on the platform Hyperliquid.

The whale, identified as 0x9c6a5b4662c722d2c47f43d6c9813cb080ffa4ed, transferred 8.43 million USDC yesterday and has already filled 209,000 SOL for $15.91 million.

This position is the largest SOL exposure on Hyperliquid, with the remainder still accumulating.

The current price of SOL sits at $75.96, which is within the Bollinger Bands. The upper resistance is at $76.69.

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