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Well-known SOL short trader closed position 5 hours ago with a loss of $570
【Blockchain Rhythm】Interesting things are happening. A trader known for a “100% win rate” closed a 2000 SOL short position 5 hours ago, but this time they had a setback — losing $570.
This short position was actually opened 20 days ago. At that time, they were probably bearish on the market, but the subsequent price movement clearly didn’t cooperate. During this period, the position was significantly floating in loss, which looked quite uncomfortable. Until recently, as the market continued downward, they finally chose to cut losses near the original opening price.
Now, this trader’s account has no open positions and is in a wait-and-see mode. However, from a full-cycle perspective, their cumulative profit is still quite substantial — reaching $138,000. So, this loss on SOL is just a drop in the bucket for the overall account.