ChainCatcher message, according to Onchain Lens monitoring, as the SOL price fell below 121 USD, the whale 0x0e4's SOL (20x leverage) long position faced a loss of 5.78 million USD, with total losses from its BTC (20x leverage) and HYPE (10x leverage) long positions amounting to approximately 8.5 million USD, reducing total profits from over 18 million USD to 3 million USD.

Meanwhile, the whale 0x35d's SOL (20x leverage) short position gained approximately 11 million USD and is currently being slowly closed.