Solana News Today: Solana Whale Faces $22M Setback After Unbroken Winning Run, Highlighting Dangers of Leverage

A prominent

(SOL) whale has once again unsettled the market by closing out 30,000 long contracts on the cryptocurrency, resulting in a $1.265 million loss. This trader, previously known as the "Former 100% Win Rate Whale," is now facing unrealized losses exceeding $22.7 million on remaining positions in , (ETH), and HYPE, according to . This represents a dramatic shift for a trader who had earlier achieved 14 straight winning trades, accumulating $15.83 million in profits over 20 days, as reported by .

This latest move comes after a larger $258 million liquidation of

, , and SOL positions just eight hours prior, which led to a $15.65 million loss that nearly wiped out previous gains, TheBlockBeats noted. Despite these losses, the whale still maintains $148 million in long positions, though these are currently at an $18.86 million unrealized loss, according to BingX. Market observers suggest that increased volatility in the crypto sector and possible regulatory headwinds may have prompted the whale to reduce exposure.

Institutional activity within the Solana ecosystem has also been notable of late.

Inc. (NASDAQ: STKE), a public company specializing in Solana staking and validator services, revealed in its that it has allocated funds from a CAD$30 million raise to grow its treasury and validator operations. The company now holds 526,513 SOL (worth about CAD $137 million) and has reached a peak APY of 6.68%, surpassing the network average of 6.45%. These moves reflect increasing institutional trust in Solana’s infrastructure, even as retail and speculative traders experience volatility.

At the same time, SOL Global Investments Corp., another major participant in the Solana ecosystem, announced in its

a strategic shift to focus solely on blockchain innovation. The firm moved non-Solana assets into a separate entity, settled debts through equity, and secured $3.6 million in a private placement to further invest in Solana. These actions highlight the sector’s trend toward consolidating value in high-performance blockchains like Solana, even as the broader market corrects.

The whale’s recent trades have also highlighted the dangers of leveraged trading. Previously known for taking bold, high-leverage positions—reportedly up to 10x on SOL longs, according to the

—the whale’s losses underscore the risks of such strategies in unpredictable markets. “This serves as a warning for those who rely on leverage,” one analyst commented, noting that the $258 million liquidation included both BTC and ETH, suggesting a broad market exit rather than one focused solely on Solana.

Market uncertainty has been further fueled by regulatory concerns and macroeconomic factors, such as changes in Federal Reserve policy. The U.S. dollar’s pullback from a three-month high and mixed signals from Fed officials, as reported by TheBlockBeats, have added to the pressure on leveraged positions. For Solana, which has become a leading blockchain for DeFi and NFTs, the whale’s exit may signal a temporary slowdown in speculative activity.

As these events unfold, both institutional and retail investors are watching closely to see how the "Former 100% Win Rate Whale" manages remaining holdings. For now, institutional players in the Solana ecosystem, such as SOL Strategies and SOL Global, seem largely unaffected by retail market swings, continuing to grow their validator networks and treasuries.

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