BlockBeats news, on May 9, according to on-chain analyst Yu Jin's monitoring, a whale that shorted 115,000 SOL chose to close their position just before the SOL short position approached the liquidation price, selling 115,000 SOL shorts at a price of $175, with a total closing amount of $20.13 million, incurring a loss of $1.05 million, and a loss rate of 86%. If this position had not been closed in time, it would have almost certainly faced liquidation.