SOL: Whale Opens $38.14M Short Position

SOL drew fresh selling after whale 0x913 opened a 554,680 token short worth $38.14M at 20x leverage within the last 24 hours while simultaneously carrying a 2,577.62 ETH short at 11x; on the 4h chart price sits at $69.29 beneath both the EMA50 at $71.46 and EMA200 at $75.38, MACD prints a death cross at -0.07, RSI holds at 36.32 and the pair tests the lower Bollinger band near $69.92, pointing to continued downside pressure that aligns with recent on-chain whale activity and refined SOL price prediction models used in crypto derivatives trading.