Whale closes 115,000 SOL to avoid liquidation, with a loss of $1.05 million

According to BlockBeats, on-chain analyst Yu Jin monitored a whale who chose to close their position before approaching the liquidation price of the SOL short. The whale sold 115,000 SOL at a price of $175, totaling $20.13 million.

Loss reached $1.05 million, with a loss rate of 86%. If not closed in time, this position is almost certain to face liquidation.