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Solana Whale Unstakes 12,296 $SOL after 4 Years

blockchainreporter.net

28 min ago

Solana Whale Unstakes 12,296 $SOL after 4 Years

A dormant crypto whale has recently made a surprising move after years-long staking. As per the data from Onchain Lens, the crypto whale has unstaked up to 12,296 Solana ($SOL) tokens following staking for a considerable period of 4 years to make notable profits. The on-chain analytics provider took to social media to disclose this event. A whale unstaked 12,296 $SOL ($1.78M) after 4 years of staking, 2 hours ago.Initially, the whale withdrew 9,402 $SOL ($87.7K) from #Binance U.S. and staked 9,205 $SOL.Over time, the whale has earned 3,091 $SOL, profiting $1.74M.https://t.co/RCfKqnt9o6 pic.twitter.com/gdThVgUNvq — Onchain Lens (@OnchainLens) May 5, 2025 Whale Unstakes .78M in $SOL after 4-Year Staking The data points out that the whale has suddenly become active following a 4-year dormancy. In this respect, the crypto whale has unstaked a noteworthy $1.78M in $SOL after a prolonged staking for four years. The move denotes the profitable exit of the whale from a staking position that continued for several years. Originally, the whale extracted 9,402 $SOL, valued at up to $87.7K at that time, from the popular crypto exchange Binance US. Subsequently, the whale split the respective funds into a couple of accounts. One of them received 8.9K $SOL while the other got 300 $SOL coins. These transfers, now 4 years old, underscored the start of the whale’s years-long $SOL staking journey. Total Staking Profits of Whale Comprise .74M According to Onchain Lens, the whale unstaked these $SOL coins a few hours ago, transferring them to the main wallet of the whale. Specifically, one of the accounts have released up to 11.888K $SOL whereas the other has delivered 400.731 Solana. Hence, the whale has obtained $1.72M and $58.1K from these accounts respectively. Overall, the cumulative holdings of the whale have now reached the 3,091 $SOL mark in terms of staking rewards. This value equates to a stunning $1.74M when it comes to profits based on the latest market prices.

https://blockchainreporter.net/solana-whale-unstakes-12296-sol-after-4-years/?utm_source=CryptoNews&utm_medium=app