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Slowly backing out than making a big call. This trader, HXiRSK, had loaded up on $SOL months ago , almost 92K tokens at around $175, which is a pretty serious position. But after the Drift Protocol exploit, things clearly didn’t go the way he expected. So now he’s been trimming it down, piece by piece. Recently sold another 47K SOL--about $4M -- not to take profit, but just to reduce the damage. And yeah, overall losses have already crossed $4M… not exactly small. What’s left is just around 5.4K SOL, roughly $430K, which feels tiny compared to where he started. Kinda looks like he’s just trying to wrap it up now… cut the risk, move on, and not let it get any worse.
Address:
HXiRSKkCo581AciWcoCNWMfu1UksVwPgubUrQCB94Ucg