A whale just got burned on a massive $3.2 million short position against Solana (SOL), betting that the price would drop. Instead, SOL rose by 1.5%, and with 10x leverage in play, the whale ended up losing nearly $500,000.
Is the whale in too deep, or do they have a hidden strategy up their sleeve? Only time will tell. This serves as a reminder that trading futures is highly riskyâalways trade with caution and never risk more than you can afford to lose. Do your own research (DYOR)!
