$SOL 🚀 Whale bets $SOL to hit $400 by end of February!
On January 20th, a large options contract was executed on the OTC platform Paradigm expecting Solana to hit $400 by February 28th. The institutional investor used a bull call spread strategy, buying options with a strike price of $280 and selling options with a strike price of $400. Solana would need to break even for the trade to break even.
The move coincides with Coinbase CEO Brian Armstrong announcing plans to increase support for Solana, putting it in line with $BTC and $ETH
