According to Onchain Lens, a prominent whale address tracked as 0x35d…acb1 shows the largest reported profit from SOL short positions and is continuing to expand its exposure. The ongoing SOL short allocation carries 20x leverage, with a floating profit exceeding $10 million. In a complementary move, the same address has opened a fresh ETH short position at 25x leverage, sharpening its directional bets across major assets.
These data points underscore the current risk posture of large holders in the SOL/ETH corridor, as observed by Onchain Lens. While high-leverage trades can amplify outcomes, the activity suggests targeted strategy by a single entity rather than a broad market-wide shift, and should be interpreted with careful consideration by readers.
Source: https://en.coinotag.com/breakingnews/sol-whale-expands-20x-short-position-with-over-10m-floating-profit-opens-25x-eth-short
