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Whale opens 20x long on 500K SOL worth $23M

Crypto Briefing·August 9, 2026·1 min read
Whale opens 20x long on 500K SOL worth $23M

A whale opened a 20x long position on 500,000 SOL, worth $23 million. This high-stakes leveraged bet could amplify market volatility, potentially influencing both bullish and bearish sentiments in the crypto space. The large position on SOL reflects significant trader interest in the asset.

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