A whale has gone long on SOL with 20x leverage, with unrealized profits exceeding $23 million.

TechFlow reported on September 27 that according to on-chain analytics platform Lookonchain (@lookonchain), trader address 0x9c6a opened a long position for 550,087 SOL with 20x leverage approximately one month ago. The initial position value was around $67.88 million, and current unrealized gains have now exceeded $23 million. The trader has set a take-profit order at $200, and if SOL reaches this target price, total profits are expected to surpass $65 million.