Whale heavily positions for shorting SOL and gets liquidated, losing over a million dollars.

2025-05-09 11:43:59

According to Wu’s report and monitoring by @EmberCN, a whale that was shorting SOL with high leverage on Hyperliquid actively closed 115,000 SOL short orders (approximately $20.13 million) when the price approached the liquidation level, resulting in a loss of up to $1.05 million (-86%). This operation occurred when the SOL price pumped to around $175, close to its liquidation price. Earlier, the whale had transferred 121,200 USDC to Hyperliquid and opened a short position of 100,000 SOL with 20x leverage (total value approximately $16.6 million), with an opening average price of $164.9 and a liquidation price of $172.6.

SOL-4,47%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.