Solana (SOL) Whale Increases Long by 51,612.85 SOL After 1011 Flash Crash, Pushing Holdings Over $700M

As reported by COINOTAG News on December 18, on-chain analyst Ai Yi (@ai_9684xtpa) noted that the Shorting Whale Insider, active since the 1011 Flash Crash, added 51,612.85 SOL to its long position. The position now totals 301,612.8 SOL—roughly $37.36 million at a blended entry price of $135.20—with an unrealized loss of about $3.42 million. The development underscores persistent whale activity and the risk profile facing participants within the Solana ecosystem.

With this addition, aggregate exposure has surpassed the $700 million mark, signaling continued liquidity dynamics and risk appetite among large holders in the Solana market. Traders and investors should weigh these on-chain signals in conjunction with price action to gauge near-term implications for SOL pricing and risk management strategies in the crypto space.