This is more like a position signal than fundamentals. That whale just took profits on the long position on BRENTOIL and reopened a 50k-contract 3x long, but $SOL still has a 3x short position open, and it’s already floating a loss of 2.23 million USD. For $SOL , in the short term, we should watch the shorts to see whether they’ll be forced to increase their positions.

SOL-0.12%
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