SOL retail longs briefly flushed, but traders’ bullish forecast unchanged
SOL late leverage longs got rinsed by the flash crash to $205, but data shows pro traders buying the dip and retail traders opening fresh spot and margin positions.
Key takeaways:
SOL retail leveraged longs who entered Monday’s range high were partially flushed out on today’s sell-off to $205.
Despite the brief downturn, institutional investor-sized entities bought the SOL price dip.
