A whale fully closed 282700 units of SOL long positions, earning approximately 4410000 USD
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AT A GLANCE
An address fully closed approximately 282700 units of SOL long positions, with reports indicating a profit of approximately 4408200 USD。
Article
🔍 On-Chain Detective | A whale held SOL long positions for nearly 1 months and closed them all today for a profit of 4410000 USD BlockBeats reported that September 26, according to TradingBeats monitoring, address 0x13da…08be fully closed approximately 282700 units of SOL long positions this morning, with a closing value of approximately 34030000 USD and a profit of approximately 4408200 USD. It currently has no SOL contract positions.
The address built this long position in batches on August 30 to 31, at an average entry price of approximately 104.79 USD. It then held the position continuously for nearly 1 months and fully closed it today at an average price of approximately 120.39 USD. The SOL price rose approximately 14.9%compared with its average entry price.
Previously, the address August at the end of the month suffered losses in two consecutive rounds of trading SOL, first losing approximately 638500 USD by shorting, then losing approximately 1030000 USD after switching to a long position. It subsequently turned bullish again and held this position until taking profit today.
Original link https://m.theblockbeats.info/flash/369108
Key points
01
According to TradingBeats monitoring, address 0x13da…08be, in the September 26 morning, fully closed approximately 282700 units of SOL long positions.
02
The closing value was approximately 34030000 USD, generating a profit of approximately 4408200 USD. It currently has no SOL contract positions.
03
The address built the long position in batches on August 30 to 31, at an average entry price of approximately 104.79 USD。
04
The address fully closed the position at an average price of approximately 120.39 USD, and the SOL price rose approximately compared with its entry price. 14.9%。
05
The address previously suffered losses in two consecutive rounds of trading SOL, losing approximately 638500 USD and approximately 1030000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
A long position is a position that bets on a price increase. The address held SOL long positions for nearly 1 months before selling and closing them all; reports indicate that the trade generated approximately 4408200 USD in profit.
Why it matters to readers
This shows that a large SOL long position has ended. The market can continue to be monitored for changes in SOL price, trading volume, and open contract positions after the closing.
You can understand this as a large holder ending a bullish SOL trade, but the actions of a single address do not mean that SOL will definitely rise or fall.
Risks and unknowns
The information comes from BlockBeats' relay of TradingBeats monitoring; the evidence does not include independent on-chain or trading-platform data verification.
The evidence does not state whether this closing had a significant impact on the SOL overall market.
The specific identity of the entity behind the address was not disclosed.
Related Developments
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Related concepts
Long Position
A contract position taken when a trader expects the underlying asset's price to rise.
