PANews reported on May 13 that according to Lookonchain monitoring, due to the market correction, a whale has closed its long positions in ETH and XRP, locking in about US$7.5 million in profits.

He still holds a $15.4 million long position in SOL, which is now down $560,000.

Earlier yesterday, it was reported that the above-mentioned whale deposited 5.84 million USDC into HyperLiquid and went long on XRP with 2x leverage.