Major SOL Whale Strengthens Position Following Flash Crash, Holdings Now Worth $63 Million

On-chain monitoring data reveals significant portfolio movement from a prominent Solana trader who previously profited from the October 11 flash crash. The trader has made a decisive move to increase exposure to SOL, accumulating an additional 207,316.32 tokens valued at approximately $25.5 million, according to blockchain analyst tracking.

Current Portfolio Status

The whale’s total Solana holdings are now positioned at $63.06 million, representing a notable shift in their trading strategy. Beyond this recent accumulation, the trader maintains a diversified crypto portfolio with total assets reaching $754 million across multiple positions.

Strategic Buying Activity

Rather than deploying capital all at once, the account has placed pending buy orders for 2,683.68 SOL tokens across the $122.74-$123.01 price band, suggesting a phased approach to position building. With SOL currently trading at $128.65, this indicates the trader is strategically positioned for varying market conditions.

The Unrealized Loss Factor

Despite the substantial accumulation strategy, the account carries an accumulated unrealized loss totaling $43.32 million—a significant figure that underscores the risks inherent even for sophisticated traders. The Ethereum portion alone accounts for approximately $37.33 million in losses, highlighting the impact of broader market volatility on diversified positions.

This activity suggests that major market participants continue to view current levels as attractive entry points, even while managing considerable drawdowns from previous market peaks.