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CoinOtag 2025-12-16 14:02:36

Solana Risks Further Decline as Whale Expands Leveraged Short to $15.9M Profit

A prominent cryptocurrency whale has amplified a 20x leveraged short position on Solana (SOL), securing approximately $15.9 million in unrealized gains. This move underscores deep bearish conviction as Solana's price faces sustained downward pressure from technical trends and market selling. Solana's descending regression trend confirms seller dominance, with price action forming lower highs and RSI [...]

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