$SOL $768M giant whale is still holding on — faith or foolishness?

Wallet 0xb317 is sitting on a massive $768 million pure long exposure with zero short hedging. Despite a $29M floating loss, the position remains open while funding rates continue to bleed capital.

Breakdown of positions:

ETH: 203,000 ETH — 5× leverage ($615M)

BTC: 1,000 BTC — 5× leverage ($88.9M)

SOL: 510,000 SOL — 10× leverage ($65.1M)

No hedges. High leverage. Rising funding costs.

Is this unwavering conviction in a coming rally — or a dangerous gamble waiting for volatility to strike?

#CryptoWhale #Bitcoin #Ethereum #Solana #Binance

$BTC

$ETH

BTC
BTC
84,112.66
+2.45%
SOL
SOL
118.41
+3.74%
ETH
ETH
2,703.87
-1.22%