🚨 SOL whale is down nearly $2.75M, with liquidation looming!
A 20x leveraged long position in Solana ($SOL ), with a notional value of nearly $19.08M, from wallet 0x9c89…600e is carrying an unrealized loss of $2.75M. Despite its large size, the actual margin is only about $954.2K.
What stands out is that the liquidation price is just around $34.7957. That means if SOL falls another 65.5% from its current price of $100.7212, the position will be wiped out. Will the whale keep riding out the loss or cut their position to preserve capital?
For informational purposes only, not investment advice. DYOR.
#SOL
A 20x leveraged long position in Solana ($SOL ), with a notional value of nearly $19.08M, from wallet 0x9c89…600e is carrying an unrealized loss of $2.75M. Despite its large size, the actual margin is only about $954.2K.
What stands out is that the liquidation price is just around $34.7957. That means if SOL falls another 65.5% from its current price of $100.7212, the position will be wiped out. Will the whale keep riding out the loss or cut their position to preserve capital?
For informational purposes only, not investment advice. DYOR.
#SOL
