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Galaxy Digital’s $8.5 Million Loss Betting on Three Solana-Based Tokens

Coinedition LogoCoinedition4d ago

Galaxy Digital’s $8.5 Million Loss Betting on Three Solana-Based Tokens - Coinedition

Quick Summary:

According to the crypto user, they identified a crypto wallet belonging to a well-known asset manager that spent $16.41 million to take positions in three crypto tokens.

A Chinese crypto user on X has spotted notable losses on Galaxy Digital’s holdings across some cryptocurrencies on the Solana blockchain.

Related: Solana Meme Coin Chaos: Scandals Spark […]

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Galaxy Digital’s $8.5 Million Loss Betting on Three Solana-Based Tokens - Coinedition (Picture 1)Galaxy Digital’s $8.5 Million Loss Betting on Three Solana-Based Tokens - Coinedition (Picture 2)Galaxy Digital’s $8.5 Million Loss Betting on Three Solana-Based Tokens - Coinedition (Picture 3)Galaxy Digital’s $8.5 Million Loss Betting on Three Solana-Based Tokens - Coinedition (Picture 4)

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Article Details

Author / Journalist: Ikemefula Aruogu

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-18 @ 12:20:00 (4 days ago)

News Timezone: GMT +0:00

News Source URL: coinedition.com

Language: English

Article Length: 86 words

Reading Time: 1 minutes read

Sentences: 49 lines

Sentence Length: 2 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinedition

News ID: 26252213

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About Coinedition

Coinedition Logo

Main Topics: Crypto

Official Website: coinedition.com

Update Frequency: 16 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #124

Publisher Details

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The story "Galaxy Digital’s $8.5 Million Loss Betting on Three Solana-Based Tokens" has 86 words across 49 sentences, which will take approximately 1 minutes for the average person to read.

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The story "Galaxy Digital’s $8.5 Million Loss Betting on Three Solana-Based Tokens" was covered 4 days ago by Coinedition, a news publisher based in India.

How trustworthy is 'Coinedition' news outlet?

Coinedition is news outlet established in 2020 that covers mostly crypto news.

The outlet is headquartered in India and publishes an average of 16 news stories per day.

It's most recent story was published 9 hours ago.

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  • News ID: #26252213
  • URL: https://chronographically.beamstart.com/news/galaxy-digitals-85-million-loss-17398824768861

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