{"id":151768,"date":"2025-02-24T16:20:48","date_gmt":"2025-02-24T14:20:48","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=151768"},"modified":"2025-02-24T16:20:48","modified_gmt":"2025-02-24T14:20:48","slug":"whales-hedge-against-solanas-volatility-ahead-of-2b-token-unlock","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/whales-hedge-against-solanas-volatility-ahead-of-2b-token-unlock\/","title":{"rendered":"Whales Hedge Against Solana’s Volatility Ahead of $2B Token Unlock"},"content":{"rendered":"
Bybit\u2019s CEO, Ben Zhou, confirmed the exchange has fully recovered the stolen funds, but concerns are mounting over Solana\u2019s prospects in the face of a major token unlock.<\/p>\n
Whales are making significant moves on Deribit, with a large portion of the options market now focused on put contracts for Solana.<\/p>\n
Data shows that about 80% of the SOL<\/a><\/strong> options trading volume consists of puts, much higher than the 40% and 37.5% seen in Bitcoin (BTC<\/a><\/strong>) and Ethereum (ETH<\/a><\/strong>) during the same period.<\/p>\n