Solana Whales Rotate Capital Toward On-Chain Perps During Renewed Volatility

Solana (SOL) has once again captured market attention amid volatility, as news reports continue to show whales rotating capital out of the ecosystem. Analysts continue to say the recent surge and renewed interest in on-chain perpetual futures (perps) is fueling the rotation. Despite SOL trading at a low price, whales are selling and stealthily rotating their portfolios. These shifts are a classic trend where liquidity and risk exposure move dynamically in response to volatility. Whales are increasingly positioning in the next 100x projects, decentralized perpetual markets. One that continued to surface across different traders’ watchlists is HFDX. Read on. Solana Whales Continue To Rotate, Here’s Why. Solana has stood tall amidst the beneficiaries of the ongoing price crash in the cryptocurrency market, following the market tides. SOL is currently trading at $91.91, down 25% over the past seven weeks. Solana’s repeated price crashes in the market had caused its whale holders to move their tokens to exchanges and sell off. A few hours ago, Whales_alert reported that 505,554 SOL tokens, worth over $50 million, were transferred from an unknown wallet to Binance. Source: Whale_alert via X. Historically, such off-chain transfers signal whales selling ahead of an incoming bearish season. On-chain monitors have revealed that the liquidated funds are being rotated into on-chain perps. While these moves are being made quietly, their footprints are evident, especially in a project called HFDX HFDX, The New Gold Investors Are Rotating Into HFDX is a decentralized perpetual futures infrastructure that enables traders to: Open and manage leveraged positions on a variety of assets Do so non-custodially (you keep control of your keys) Operate fully on-chain via smart contracts HFDX lets you trade perpetual futures without relying on a central exchange; your positions and liquidity live in transparent smart contracts. With recent Inflows and heightened interest in on-chain perps...