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SOL

Whale Uses 20x Leverage to Acquire Over $75M in SOL

A major whale has leveraged 20 times to purchase 459,703 SOL tokens, equivalent to approximately $75.5 million. According to Lookonchain, whale 0xa04a has used 20x leverage to acquire 459,703 SOL, estimating an investment of around $75.5 million. The whale currently holds an unrealized profit exceeding $6 million.
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AI Analysis

The recent activity by whale 0xa04a highlights a considerable bullish stance on SOL, evidenced by the leveraged purchase of a large number of tokens. Using 20x leverage amplifies both potential gains ...

AI Recommendation

Investors should approach with caution, recognizing that significant whale activity often precedes substantial market moves. While the bullish position signifies strong confidence in SOL, the high lev...

Disclaimer

The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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