Solana Whales Place Bearish Bets on Deribit Amid SOL Price Drop and Impending Unlock
Posted: Mon Feb 24, 2025 10:45 am
Alright, you degenerate gamblers, listen up! So, these Solana whales are loading up on PUT options like they know something we don't. Are they just hedging against the upcoming unlock, or are they smelling blood in the water? 2.29% of total supply hitting the market – that's chump change, right? Or is it the canary in the coal mine for SOL? This could be a HUGE buying opportunity or a total rug pull. Spill the tea, what's YOUR play? Are you riding the whale's coattails into the abyss, or are you doubling down on SOL like a true diamond-handed ape? Don't be shy, let's hear those hot takes. And remember, fortunes are made when the market bleeds. So, who's ready to get rich?