A new wallet reduced a Solana short position from $3.8 million to 44,168 SOL, or about $300,000, closing most of the trade and booking a profit of $197,800. According to Odaily, the wallet's largest current position is a $3.25 million long with an unrealized loss of $123,000.
HyperliquidNews monitored the wallet and said its first on-chain transaction was on June 5. It has deposited $30 million into HyperCore and has multiple buy orders below the current price to accumulate more Solana.
New Wallet Cuts Solana Short Position and Holds Large Long Position
2026-07-19 13:03:40
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
