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Coin Edition 2025-05-13 21:15:00

Crypto Whale Sells XRP, ETH for $7.5M Profit, Still Bullish on Solana

A crypto whale exited XRP and Ethereum, pocketing $7.5M after the market correction. Despite liquidating XRP and Ethereum, the whale still holds a $15.4M Solana position. Positive funding rates and rising open interest show bullish sentiment in the futures market. A major crypto investor has chosen to liquidate positions in XRP and Ethereum and pocket $7.5 million in earnings. This move comes after a wider market correction, suggesting a change in strategy for some of the industry’s biggest players. The decision is a sign of caution on the investor’s part amid market volatility. Due to the market pullback, this whale has closed $ETH and $XRP long positions, locking in a profit of ~$7.5M. He's still holding a $15.4M long on $SOL , currently down $560K. https://t.co/VCde0KlT1D https://t.co/K3QnpVS15l pic.twitter.com/Ob75lWB1ue — Lookonchain (@lookonchain) May 13, 2025 (adsbygoogle = window.adsbygoogle || []).push({}); Whale Maintains Solana Position Even though the whale closed the positions on XRP and Ethereum, he still has a long position in Solana worth $15.4 million, which is down by $560,000. This indicates that, despite scaling back… The post Crypto Whale Sells XRP, ETH for $7.5M Profit, Still Bullish on Solana appeared first on Coin Edition .

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