Top Solana Trader Places $19.78M Leveraged Long with $99.68 Liquidation Level
A high-profile Solana (SOL) trader with a documented 78% win rate has made a bold move, opening a $19.78 million leveraged long position on the cryptocurrency. The trader, identified by wallet address 0x13da9d69a9b8a28495ade07d3ff1c61d024808be, committed 164,642 SOL at a 5x leverage ratio, according to on-chain data from Lookonchain and Hyperbot.
The position's liquidation price is set at $99.68, meaning a sustained drop below this level would trigger an automatic liquidation. The trader's historical success, including a total realized profit of $4.74 million, adds weight to this high-conviction bet. The win rate and profit figures underscore a consistent track record in SOL trading.
This trade is significant as an on-chain signal but does not guarantee SOL's future price direction. The liquidation level at $99.68 is critical, as a price drop to this point could lead to a forced close of the position, potentially adding selling pressure depending on market conditions. Observers can monitor the position in real-time via Hyperbot's profile page for updates.
The $19.78 million long represents one of the most notable directional bets on SOL currently. While the trader's past performance is impressive, the outcome of this position will ultimately hinge on whether SOL maintains levels above $99.68.