A whale shorting 115,000 SOL closes position before liquidation, losing $1.05 million

According to a report by Jinse Finance, monitored by on-chain analyst Ember, a certain whale who shorted 115,000 SOL (approximately $20.13 million) closed their position before liquidation, incurring a loss of $1.05 million (-86%). As the price of SOL continued to rise, approaching this whale's liquidation price, they closed their short position of 115,000 SOL (approximately $20.13 million) at a price of $175 before the liquidation price.