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

DAOplomacy · 2025-12-26T01:40:10+00:00

On December 26, on-chain data shows that a whale holding 5.11 million SOL traded frequently during the market decline. The address opened a short position when the SOL price was $1011 and then quickly closed it. Although the address still holds 511,612.85 SOL, worth approximately $61.57 million, the average opening price was $130.19, resulting in an unrealized loss of about $5.03 million. The total unrealized loss has reached $58.04 million.

DAOplomacy

2025-12-26 01:40:10

Abstract generation in progress

【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.

SOL1.36%

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Lonely_Validator

· 8h ago

Whale's move this time, the short positions still haven't been fully covered, holding on with an unrealized loss of 5.03 million.

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LiquidityWhisperer

· 8h ago

Oh no, even this whale is cutting losses The short position still made some profit, but the spot is so deeply trapped, probably betting on a rebound I'm most afraid of these big traders closing positions, are they unloading? Falling to 120 and still holding 5.11 million SOL, mental toughness is impressive Flash crash liquidation was wise, but holding onto a floating loss of over 50 million, that's a bit desperate I'll try not to watch the whale's movements anymore, watching too much will keep me awake This price is still a bit away from the entry price, probably still going to short.

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alpha_leaker

· 8h ago

This whale really knows how to play. Making money from short positions isn't enough; they also rely on spot holdings. Over 50 million in unrealized losses, yet they still sit comfortably at the fishing platform—no one can match their mindset.

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PensionDestroyer

· 8h ago

Oh no, this whale's short position caught the bottom, but they still got trapped for over five million. It's a bit tragic.

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ApeShotFirst

· 8h ago

Wow, this giant whale is really ruthless. Still making profits on short positions and continuing to hold. I, as a retail investor, have long been sleepwalking.

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