A trader using wallet address 0x13da, who holds a 100% win rate on SOL tokens, has opened a new 3x leveraged long position on 143,890 SOL valued at $14 million. On-chain tracker @lookonchain revealed that the wallet previously accumulated a total profit of $1.23 million across three consecutive SOL long trades before placing this latest bet.
Another investor with wallet address 0xD81a chose to return after a six-month hiatus from the market. The wallet purchased 2,165 ETH worth $5.33 million at an average price of $2,463 per coin. This move drew attention due to the investor’s past losses totaling $12 million from a repeated pattern of buying high and selling low.
Transaction records highlight an irony for wallet 0xD81a. The last time this investor sold Ethereum to cut losses, the trade settled at an average price of $2,452 per coin. Now, after six months of inactivity, the trader bought back the exact same asset at a higher price of $2,463.
Solana at $97.50 and Capital Inflows
The $14 million long position opened by wallet 0x13da went live while Solana was trading around $97.50 on August 26. SOL’s price gains reached 14% over the past seven days. However, SOL’s daily RSI currently sits at 79.32, entering overbought territory that could potentially trigger short-term selling pressure.
Fundamental support is evident in institutional-grade Solana investment products. This week, spot Solana ETF investment products recorded net inflows of approximately $65.74 million. This figure marks the highest weekly inflow for the investment vehicle throughout 2026.
Misfortune of a Long-Term Ethereum Whale
In the Ethereum market, loss-cutting decisions were also made by other large-scale market participants. On-chain reports identified a whale that decided to transfer its remaining 6,504 ETH worth $15.94 million to the Binance exchange. This whale opted to capitulate after holding the asset for more than two years.
Moving assets to an exchange is often a direct signal of an impending sale. For this long-term investor, the transaction closed out the investment with a total loss of $10.58 million. The decision to liquidate assets at a loss stands in sharp contrast to the actions of wallet 0xD81a, which boldly bought back in at higher levels.
Risk Lessons for Retail Traders
The trading patterns across these three major wallets underscore that a perfect win rate requires strict momentum calculations, as demonstrated in the SOL trade. For retail holders, panic buying as prices begin to climb often leads to further losses, while holding assets for years still offers no guarantee of profit without a well-planned liquidation strategy.
Reported by @lookonchain on X.
Also read: How to Read Candlesticks for Beginners
Disclaimer: This article is for informational and educational purposes only, not financial advice. Cryptocurrency assets are highly volatile and carry significant risk. Always do your own research (DYOR) and never invest more than you can afford to lose.
