TLDR Crypto · MISCELLANEOUS
SOL TRADING BOTS LOSE $96M IN 6 WEEKS
Summary from the TLDR Crypto newsletter
Trading bot wallets on Solana have reduced their SOL holdings by 435K tokens (~$96M) over the past six weeks, marking a 24.6% decline. The sharpest drop came from Axiom, down to 390K SOL, while Photon and GMGN also saw significant decreases. This shift suggests bots may be deleveraging or reallocating capital, raising questions about liquidity dynamics in Solana's high-frequency trading ecosystem.