According to on-chain analyst Ember Monitoring, a giant whale that shorted 115,000 SOL (about $20.13 million) was positioned squaring before the liquidation, losing $1.05 million (-86%). As the SOL price continued to rise and approached the liquidation price of the giant whale, he closed the 115,000 SOL (about $20.13 million) short orders held at a price of $175 before the liquidation price.
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