Crypto Whale Doubles Down with High-Leverage Short Positions on BTC and SOL

A crypto whale recently executed high-leverage short positions on both Bitcoin (BTC) and Solana (SOL), worth $41.14 million in total, generating significant market impact. The trades’ size has sparked debate about volatility risks and the strategies employed by major players. 40x leveraged short BTC position yielded a $9.46 million profit, while the Solana short maintains high liquidation risk. The whale’s actions are drawing scrutiny for their potential influence on market dynamics.