---
title: "Address Cuts Solana Short by $23.61 Million, Closes $23.72 Million in Trades"
url: https://thecoingazette.com/address-cuts-solana-short-by-23-61-million-closes-23-72-million-in-trades/
date: 2026-11-01
modified: 2026-11-01
lang: en
author: "Coin Gazette Editorial"
description: "The derivatives account showed about $20.92 million in cumulative gains despite an estimated $240,000 loss on the exit."
categories:
  - "Investing"
tags:
  - "Crypto News"
  - "Market Trends"
  - "News"
word_count: 18
---

# Address Cuts Solana Short by $23.61 Million, Closes $23.72 Million in Trades

The derivatives account showed about $20.92 million in cumulative gains despite an estimated $240,000 loss on the exit.