According to online reports, according to the chain analyst Ember Monitoring, a giant whale that shorted 115,000 SOL(approximately US$20.13 million) closed its position before selling, resulting in a loss of US$1.05 million (-86%). As the SOL price continued to rise and approached the giant whale's clearing price, he closed the 115,000 SOL(about US$20.13 million) short orders he held at US$175 before the price broke.