Solana could rise to $400 by the end of February — Amberdata$SOL
This forecast is based on data from an over-the-counter trade on the crypto exchange Deribit.
According to Amberdata, the trade was a bullish call spread that would yield maximum profit with a potential price increase to $400 or higher by the end of February.
On January 20, a significant SOL options trade was executed on Deribit’s Paradigm OTC network, indicating expectations of a price rally to $400 by the end of February.
The trade, structured as a bullish call spread, included a long call option position with a strike price of $280 and a simultaneous short call option position with a strike price of $400. Each part of the deal was for 10,000 contracts, and both options expire on February 28.
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This is consistent with predictions of SOL outperforming under Donald Trump.