Add as a preferred source on GoogleWallet @fiyopi Closes Ether Long, Opens $27 Million Solana Position
The 24,500-ETH position was opened several days earlier at $2,207.5 and closed at $1,783.3 before the SOL trade.
A wallet identified as @fiyopi shifted from a large Ether (ETH) long to a $27 million Solana (SOL) position after closing 24,500 ETH below its entry price Saturday night.
The wallet opened the Ether trade several days earlier at $2,207.5, with an entry value of $54.08 million. It closed 24,500 ETH at $1,783.3, then opened the Solana long at $70.50 with a stated value of $27 million. The Ether position’s entry value was about twice the size of the new SOL position.
The trade update was timestamped 9:35 p.m. ET Saturday (02:35 UTC Sunday).
At 9:43 a.m. ET Saturday, Ether was down 5.80% over 24 hours, while Solana was down 8.94% over the same period. That market snapshot came earlier in the day than the position update.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.