According to on-chain monitoring platform OnchainLens, a whale address has fully closed its short position on SOL, incurring a loss of over $4.84 million on this trade. Combined with previous losses, the whale's total losses on SOL shorts have surged past $7.7 million, highlighting the risks of shorting volatile crypto assets.
According to on-chain monitoring platform OnchainLens, a whale address has fully closed its short position on SOL, incurring a loss of over $4.84 million on this trade. Combined with previous losses, the whale's total losses on SOL shorts have exceeded $7.7 million. The whale appears to have exited the position after failing to profit from the short, illustrating the high risk involved in shorting volatile cryptocurrency assets.
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