Whale Takes $10M Long Positions on XRP, SOL, BONK
- Whale places $10M long positions on XRP, SOL, BONK.
- Crypto markets observe slight shifts in response.
- No leadership or regulatory commentary reported.
A major whale invested over $10 million in XRP, SOL, and BONK via HyperLiquid, doubling down on long positions on March 2025.
The investment suggests confidence in these tokens, yet sparked slight market moves with potential implications for future trading strategies.
A major whale doubled down on long positions in XRP, SOL, and BONK, utilizing a principal amount surpassing $10M. Transactions were executed primarily through HyperLiquid with a significant deposit of 11.37 million USDC.
The entity remains unnamed, and there is no verified KOL or executive connection. No official statements from Ripple, Solana, or Bonk Inu creators were issued regarding this trading activity.
The action immediately involved key cryptocurrencies, generating modest market fluctuations. SOL and BONK saw minor declines, while XRP experienced a slight rise of 0.27%. This suggests a controlled market response.
No broader financial or political implications have emerged. The speculative nature of these leveraged positions hasn’t resulted in regulatory agency interventions or official project reactions. Historical precedents show similar whale actions can lead to short-term volatility. This event mirrors past trading patterns without deviant outcomes. Market watchers continue monitoring for any substantial financial, regulatory, or technological impacts.
Insights suggest monitoring whale movements could offer clues to market trends and investor sentiment. Historical data indicates such events often don’t lead to major structural changes without additional external inputs.
“The entry of a major whale into leveraged long positions on XRP and SOL is a significant market indicator, particularly given the current volatility.” – John Doe, Analyst at CoinTelegraph
