Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Futures Kickoff
Get prepared for your futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to experience risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Solana has once again become a target for whales. A recent on-chain activity has attracted attention: a large holder deposited 8.09 million USDC into Hyperliquid in one go, then immediately placed a limit order to sweep 59,000 SOL, with the target price locked between $133.88 and $135. This order amounts to nearly $8 million.
The meaning of this operation is very clear — the big holder has close to ten million dollars, precisely positioning within the current SOL price range, seemingly placing a "bottom-fishing" order. No chasing highs, nor wanting to miss out; this precise range order strategy usually reflects the trader’s clear market judgment.
Recently, SOL has been quite hot. Previously, some whales continued holding long positions after reducing their holdings and made quite a profit; now, new players are emerging with such large positions, which can add fuel to market sentiment. It’s important to note that if an $8 million buy order actually executes, it will likely impact SOL’s order book in the short term.
Currently, the actions of major players in the crypto circle are very concentrated — some are疯狂 leverage, some are precisely sweeping popular tokens, and SOL has once again caught their attention. Many retail investors might start to watch this wave of market movements closely.
But to be honest, whale funds are not easily invested. Dare to put in this level of money at once, there must be a logical judgment behind it. Let’s just observe industry trends; don’t follow the trend blindly — that’s the biggest trap for retail investors.