It sure looks that way in this animation showing the Sun up close and personal. And there are two other ‘holes’ visible as well.
A big dark area in the north polar region makes it appear as if the Sun has blown its top. And in a way, it has.
You can see what’s going on by watching the animation above. It’s based on data acquired by NASA’s Solar Dynamics Observatory spacecraft over 48 hours, starting on July 3rd and continuing into today (the 5th). Two other la