High-Leverage Solana Wallet Holds $20.53 Million in Unrealized Gains

A high-leverage wallet holding a large Solana (SOL) long position is showing about $20.53 million in unrealized gains as SOL trades near $118, with the position’s return above 900%.

The wallet, which begins with 0x9c6a, holds roughly 550,000 SOL contracts at an average entry price of about $80.90. The position is valued at approximately $65.01 million.

The address increased its SOL exposure near $77 on Aug. 10. It later took partial profits and added to the position again, leaving the wallet with its current long exposure.

SOL is trading about 53% above the level where the wallet added to the position on Aug. 10. The gains remain unrealized because the contracts have not been fully closed.