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SOL whale closed 2,683 coins in the morning, with a position of 5.11 million coins and an unrealized loss of $58.04 million
【Crypto World】On December 26th, on-chain data revealed an interesting phenomenon: during the morning market decline, a whale address holding over 51.1 million SOL was very active.
Specifically, the 2,683.68 SOL order from this address has been fully executed. What is the background of this transaction? According to on-chain analysis, the address opened a short position at SOL 1011 and subsequently closed it during the flash crash.
From the position data, this address still holds 511,612.85 SOL, which is worth approximately $61.57 million at the current price. However, there is a detail— their average opening price was $130.19, and SOL has now fallen to $120.4, resulting in an unrealized loss of about $50.3 million on this portion of the position.
What is even more noteworthy is the overall position of this address. The total holding value is about $740 million, with unrealized losses already expanding to $58.04 million. Such a large volume facing pressure during a downtrend is quite significant.