Address Beginning With 0x13da Builds Largest New SOL Long Since the Weekend

BlockBeats reported on August 31 that an address beginning with 0x13da kept opening long positions in SOL from Sunday at 23:15 until completing its position build at 08:44 today. According to BlockBeats On-chain Detection, the address bought 282,700 SOL in total, with a transaction value of about $29.623 million and a weighted average execution price of about $104.794. Over the past 24 hours, larger newly opened positions have already been closed. As of press time, the address had become the largest one-way new position opened since the weekend. The address’s current SOL long position is valued at about $28.805 million, with an unrealized loss of about $818,100 and a return rate of about -8.28%. Its liquidation price is about $71.66, and the account’s net asset value is about $9.055 million.