Crypto Whale Initiates $9.74 Million Leveraged Long Position in Solana (SOL)

On Jan. 7, a crypto whale opened a 20x leveraged long position in Solana (SOL), involving 70,000.58 SOL at an average entry of $137.28—about $9.74 million—according to Hyperinsight. The trade signals strong near-term bullish conviction from a major market participant and is being closely watched for potential impacts on SOL volatility and broader market sentiment.