[SOPH Plummets 62% from Peak, Whale Turns Loss-Making and Initiates 100 Million Token Stop-Loss Plan Yesterday] BlockBeats News, September 9: According to TradingBeats monitoring, SOPH surged yesterday before plunging continuously, hitting a low of $0.005145 this morning, a 62.27% retracement from yesterday's peak of $0.013637. The whale address starting with 0xc069, which precisely caught the low point yesterday and once had unrealized gains of $740,700, turned loss-making during this sharp decline and initiated a plan to reduce its holdings by 100 million SOPH tokens this morning. At 01:48 yesterday, SOPH hit a low of $0.004645. Just 17 minutes later, the address began bottom-fishing and going long, with the first transaction price at $0.004736, less than 2% away from the low. Subsequently, the whale concentrated on adding positions during the upward movement in two rounds, ultimately expanding its long position to 157.92 million tokens, with a total transaction amount of approximately $1,042,100 and an average cost of $0.006599 per token. SOPH then quickly surged, reaching $0.011467 at 13:30, a 147% increase from the early morning low. By 13:33, the address had unrealized gains of approximately $740,700. However, the upward trend quickly turned into intense volatility. Starting at 13:35 yesterday, SOPH dropped from $0.011304 to $0.00936 within 5 minutes, a flash crash of 17.20% in a single 5-minute interval. Subsequently, the price experienced another sharp 12.52% drop in a single 5-minute interval and continued to decline, reaching a low of $0.005145 this morning. During this period, the whale did not close its original long positions. It wasn't until 08:57 today that the whale initiated a 12-hour TWAP (Time-Weighted Average Price) plan to sell off 100 million SOPH tokens in batches. The first closing transaction price was only $0.00525, already below the average holding cost of $0.006599. As of press time, the address has sold approximately 13.6017 million SOPH tokens, realizing a trading loss of about $16,400. The remaining long position of approximately 144.31 million tokens is valued at around $769,900, with unrealized losses of approximately $182,400. Previous news: Funds Rush to "Closing Market Rally," SOPH Soars 146%, Mysterious New Address Exposed with Heavy Positions and Huge Profits.