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The Solana ecosystem has been consolidating itself as a profitable environment for ‘smart trade rs’ and lucky speculators. Following this trend, a trade r invested $35,000 worth of Solana (SOL) to buy a meme coin stash now worth over $10 million . Notably, the Solana account ‘5We8d…qP5GY’ purchased 4.41 billion of a token called “cat in a dogs world” (MEW).  ‘5We8d…qP5GY’ account summary on Solana. Source: SolScan.io For that, the trader spent 178.2 SOL, worth $35,000 when Lookonchain reported the accomplishment on X (formerly Twitter). This purchase happened on March 26, at 5:23 am (UTC) and Lookonchain posted at 7:16 am (UTC). Picks for you SEC demands that Ripple pays $2 billion in damages 25 mins ago BYD crushes NEV milestone: 7 million electric vehicles produced 1 hour ago ‘Rich Dad’ R. Kiyosaki says Bitcoin might be a Ponzi scheme 2 hours ago Ambient becomes a new Pyth data provider 21 hours ago At that time, MEW was priced at $0.00...

More false rumors about the Bitcoin spot ETF approval moved the crypto currency market in the last 24 hours . The volatility sent Bitcoin (BTC) price up and down on January 9. Notably, Bitcoin traded as high as $47,975 and as low as $45,000 in the same hourly candle at 09:00 pm (UTC). This happened following a sequence of posts by the Securities and Exchange Commission (SEC) on X (formerly Twitter). The @SECGov X account was compromised, and an unauthorized post was posted. The SEC has not approved the listing and trading of spot bitcoin exchange-traded products. — U.S. Securities and Exchange Commission (@SECGov) January 9, 2024 In this context, 69,410 traders were liquidated for a total of $241.94 million liquidations by press time. $141.44 million came from long positions, betting in a bullish outcome, while $100.50 million from bearish short-sellers. Liquidation Heatmap. Source: CoinGlass Bitcoin (BTC) liquidations and price analysis The volatility liquidated over...