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Formula Founder Bets on Monday Stock Market Recovery, Long on SOL and XPL

Summary: According to reports, Formula News founder Vida announced on her personal channel this morning that she has once again gone long on $4 million worth of SOL at an average price of $175.8 and $500,000 worth of XPL at an average price of $0.395. This position is highly uncertain, just a gamble. I am betting ...

According to reports, Formula News founder Vida announced on her personal channel this morning that she has once again gone long on $4 million worth of SOL at an average price of $175.8 and $500,000 worth of XPL at an average price of $0.395. This position is highly uncertain, just a gamble. I am betting that the market will quickly recover after the opening of the US stock market on Monday, just like every negative news over the weekend before. The crypto market has dropped an average of 30% now, pricing in a crazy 5% drop in the S&P 500 at Monday's opening. However, if the S&P 500 does not drop as much as expected on Monday, sentiment will quickly recover.

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