0x13da…08be This morning, 282,700 SOL long contracts were cleared. They were fully closed at an average price of about $120.39, for a closing value of approximately $34.03 million, realizing $4.4082 million in profit. After closing, this address no longer holds any SOL contract positions.
This long position was built in batches from August 30 to August 31, with an average entry price of $104.79. The contract position was held for nearly a month without any changes, until this morning when it was liquidated all at once.
From the average entry price to the average exit price, the increase was less than 15%. That isn’t “violent” for contract capital, but the $4.4082 million profit has already been locked in.
The fact that contract longs can be held like this for a month is noteworthy in itself—not just the returns.
This long position was built in batches from August 30 to August 31, with an average entry price of $104.79. The contract position was held for nearly a month without any changes, until this morning when it was liquidated all at once.
From the average entry price to the average exit price, the increase was less than 15%. That isn’t “violent” for contract capital, but the $4.4082 million profit has already been locked in.
The fact that contract longs can be held like this for a month is noteworthy in itself—not just the returns.