According to BlockBeats, trader Eugene Ng Ah Sio has announced that he closed his small long position in SOL due to ongoing market volatility.
Eugene initially expected an upward move but noted that unstable conditions have forced him to exit early. On September 3, he revealed that he entered a small SOL long, with a stop-loss linked to Bitcoin’s performance — specifically if BTC dropped below $110,000.
This move highlights how closely SOL traders are tying strategies to Bitcoin’s broader price action, especially during uncertain conditions.
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