SOL Shows Strong Growth Despite Decline Against ETH
According to Foresight News, data from Glassnode indicates that the SOL/ETH ratio has decreased to 0.0586, one of the lowest levels this year, after peaking at 0.0868 in April. This suggests that SOL has underperformed compared to ETH. However, over the past seven days, both cryptocurrencies have seen similar new capital inflows, with SOL attracting $8.3 billion and ETH $6.2 billion, indicating a stronger growth momentum for SOL.
SLERF has been online for 6 hours, and three big investors have written three different stories, which is really exciting.
Affected by the surge in BOME, Slerf has gone through the life of many coins in 6 hours. The amazing thing about fate is that the top three individual holdings happened to have three different stories, some suffered huge losses and others made huge profits. Wonderful, too often.
First person:
The largest trader is the holding address 4. He used 34952Sol worth 7.2M and purchased 8.09M SLERF, which is now only worth 3.7M. In just 5 hours, it had been cut in half, with a loss of 3.5m. It is worth mentioning that this large investor was probably in a FOMO mood. He used 1000sol three times to buy within an hour of the opening, and his profit doubled. Later, during the rise, it used 100 million SOL to increase its position three times, which led to the current huge losses.
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