BlockBeats News, September 9th, according to TradingBeats monitoring, SOPH surged yesterday before consecutive sharp declines, hitting a low of $0.005145 this morning, a drawdown of approximately 62.27% from yesterday's high of $0.013637. The whale starting with 0xc069, which had precisely caught the low yesterday with floating profits reaching as high as $740,700, turned from profit to loss during this sharp drop and initiated a plan this morning to reduce its position by 100 million SOPH tokens.Yesterday at 01:48, SOPH touched a low of $0.004645. Just 17 minutes later, this address began bottom-fishing with a long position, with the first trade executed at $0.004736, less than 2% above the low. It then added to its position in two concentrated rounds during the upward move, ultimately expanding its long position to 157.92 million tokens, with a cumulative opening transaction value of approximately $1.0421 million and an average entry cost of about $0.006599.SOPH then rapidly rallied, touching $0.011467 at 13:30, up approximately 147% from the early morning low; by 13:33, this address's floating profit reached approximately $740,700.Thereafter, the rally quickly turned into violent volatility. Starting at 13:35 yesterday, SOPH fell from $0.011304 to $0.00936 within 5 minutes, a single 5-minute flash drop of 17.20%. Subsequently, the price experienced another sharp 5-minute decline of 12.52%, continuing to slide to this morning's low of $0.005145.During this period, the address did not close its original long position. It was not until 08:57 today that it initiated a 12-hour TWAP, planning to sell 100 million SOPH tokens in batches. The first closing trade was executed at only $0.00525, already below the average holding cost of $0.006599.As of press time, this address has sold approximately 13.6017 million SOPH tokens, realizing a trading loss of about $16,400; the remaining approximately 144.31 million tokens in long positions are valued at around $769,900, with floating losses of approximately $182,400.