Ben Harrington: “Solana has run too far ahead of the rest of crypto and is due for a sharp…”

Ben Harrington @benharrington ·

Solana has run too far ahead of the rest of crypto and is due for a sharp pullback, but I do not want a one-trade portfolio. Three positions: a SOL perpetual short at 20x leverage as the core, about 60%; a BTC long at 2x, about 20%, because Bitcoin should hold up better in a rotation out of Solana; and Robinhood stock (HOOD), about 20%, for exposure that does not hinge on crypto prices.

Belief return

−47.69% since launch

At launch

  • Short SOL 60% · 20×
  • Short JUP 15% · 2×
  • Short JTO 10% · 3×
  • Short kBONK 8% · 3×
  • Short WIF 7% · 5×