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

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Crypto Whale Makes $7.5M Profit by Exiting XRP and Ethereum
  • 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.

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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