Whale Addresses with 20x Leveraged SOL Positions See Over $27.7M Combined Unrealized Profit

On Dec. 24, whale address 0x0e4 held a 20x leveraged long position in SOL facing a $5.78M unrealized loss, while its 20x BTC and 10x HYPE long positions were jointly down about $8.5M, with overall profit falling from more than $18M to roughly $3M, Onchain Lens data show. Another whale address, 0x35d, was running a 20x leveraged short on SOL with around $11M in profit and was gradually closing the position. The same address also maintained 40x BTC and 25x ETH short positions, bringing its total unrealized profit to over $27.7M.