A crypto whale that staked about one million Solana tokens at an average price of $27 in 2021, now holds unrealized profits of over $153 million. Identified by the analytical platform Lookonchain, the wallet currently holds 1.29 million Solana tokens valued at approximately $180 million. Reports indicate that on April 22, the whale withdrew 100,000 SOL tokens (around $14 million) from staking and transferred them to the Binance exchange, a move often seen as a sign of intention to sell assets. This news comes as several other whales withdrew hundreds of millions of dollars worth of Solana after the end of their lock-up period in early April. At one point, the total value of staked Solanas even surpassed that of Ethereum, although temporarily. On the live digital currencies price page, you can monitor the prices of all tokens and cryptocurrencies in real-time.
Discover how a whale shark earned $153 million by staking Solana tokens. Learn about the latest crypto market trends and prices in real-time.