According to @AltcoinGordon, a major whale has just opened $114,500,000 in long positions on Ethereum (ETH) and Solana (SOL), signaling strong institutional confidence and potential upward momentum for these leading altcoins. Large-scale whale activity of this magnitude often precedes significant price movements, attracting increased attention from both retail and institutional traders. Traders should closely monitor order books and liquidity pools for ETH and SOL, as this move could trigger volatility and influence short-term trading strategies in the broader crypto market (Source: @AltcoinGordon on Twitter, June 7, 2025).

According to Ai 姨, a SOL whale transferred 39,015 SOL ($5.9 million) to Binance, potentially incurring a $1.127 million loss. These SOL were originally purchased during the Memecoin craze in early 2025 at an average price of $180.32 and staked in Marinade Finance. The whale's unrealized losses once peaked at $2.92 million when SOL prices dropped to $105.5 in early April.