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/VCde0KlT1Dhttps://t.co/K3QnpVS15l pic.twitter.com/Ob75lWB1ue
— Lookonchain (@lookonchain) May 13, 2025
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.
