Address 0x9c6a sits on more than $23 million in unrealized profit from a 20x SOL long

Address 0x9c6a sits on more than $23 million in unrealized profit from a 20x SOL long

N
News Editor
2026-09-27 13:13:23
Blockchain tracking account Lookonchain said trader address 0x9c6a opened a 20x leveraged long position in SOL one month ago, amounting to 550,087 SOL valued at about $67.88 million at the time. The position is now showing more than $23 million in unrealized profit, according to the post. Lookonchain also said the trader has placed a take-profit order at $200. If SOL reaches that level, the position’s potential profit could exceed $65 million. The update points to a sizeable directional bet on Solana by a single address, with both the position size and leverage level standing out. No additional details about the trader’s identity were disclosed in the source. The figures cited in the post refer to the size of the position, its estimated value when opened, its current unrealized gain, and the projected profit if the take-profit target is hit.

Techub News reported, citing a post from @lookonchain on X, that trader address 0x9c6a opened a 20x leveraged long position in SOL one month ago. The position covered 550,087 SOL and was worth about $67.88 million at the time it was opened.

Lookonchain said the position is now carrying more than $23 million in unrealized profit. The trader has also set a take-profit order at $200. If SOL reaches $200, the position’s potential profit could top $65 million.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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