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Monitored by Woofun AI, address 0x913 has significantly expanded its bearish stance on SOL, accumulating a 20x leveraged short position totaling 624,680 tokens. This substantial accumulation results in a notional value of approximately $43.4 million, establishing a critical liquidation threshold at $82.84.
This aggressive positioning underscores heightened speculative activity within the derivatives market, as large entities deploy high leverage to capitalize on anticipated price corrections. The concentration of risk at this specific price level may influence short-term volatility dynamics for SOL.