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Formula founder Vida is long $4.5 million in SOL and XPL, betting the market will recover quickly after the U.S. stock market opens on Monday.
2025-10-12 04:08

According to Odaily Planet Daily, Vida, founder of Formula News, posted on his personal channel this morning: "Once again, I've bought $4 million worth of SOL at an average price of $175.80, and $500,000 worth of XPL at an average price of $0.395. This is equivalent to one-tenth of my bullets. This position has no certainty, it's just a gamble. My bet is that the market will quickly recover after the US stock market opens on Monday, just like every previous negative weekend."