Mystery Wallet Opens $21M Leveraged Short on 240,000 SOL at 20x — Liquidation at $90.85!

A freshly created wallet identified as 0x128e has opened a 20x leveraged short position on 240,000 SOL, worth approximately $21.36 million, with a liquidation price set at $90.85. The position size and leverage ratio place it firmly in whale territory, drawing immediate attention from on-chain analysts tracking large directional bets.

The timing is notable: a brand-new wallet deploying this scale of capital into a high-conviction short suggests either a sophisticated actor spinning up a fresh address for operational security, or a coordinated move designed to avoid attribution. At 20x leverage, even a modest SOL rally toward the $90 range would force liquidation and potentially trigger cascading buy pressure.

Market participants will be watching whether this position is part of a broader bearish thesis on Solana or an isolated speculative trade — either way, a $21M short at this…