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. 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.