Whale Dumps $14 Million in Solana ($SOL) after Lengthy Staking
Staked Solana Amount of 12,296 SOL Tokens Removed after a Duration of 4 Years
It's been a while since we've seen some major moves from the crypto scene! Recently, a long-dormant Solana whale shook things up, unstaking a hefty 100,000 $SOL tokens that it had held for years. According to Onchain Lens, this follows an impressive staking period of four years, during which the whale saw significant profits.
Whale Sheds $14 Million in $SOL after 4-Year Staking
This active whale came out of hiding after a long slumber of four years, unstaking a substantial $14 million worth of $SOL following a lucrative stint in staking. This move marks the exit of the whale from its staking position that lasted for several years, suggesting a profitable conclusion to the journey.
Originally, the whale withdrew approximately 9,402 $SOL, equating to around $87.7K at that time, from Binance US. The whale then divided the funds between two accounts: one containing 8,900 $SOL and another with 300 $SOL. These transactions, now four years old, heralded the onset of the whale's four-year long $SOL staking odyssey.
Whale's Total Staking Gains Amount to $180 Million
Onchain Lens has revealed that the whale recently unstaked these $SOL coins, transferring them to the whale's principal wallet. With one account releasing up to 11,888 $SOL and the other disbursing 400.731 $SOL, the whale has amassed a colossal $180 million and an additional $58.1K in these accounts, respectively. Putting it all together, the whale's staking rewards now stand at a staggering 30,910 $SOL, translating to a breathtaking $181.6 million profit.
(Note: Initially, an error occurred, mentioning a $1.78 million unstaking instead of the actual $14 million. Our apologies for any confusion caused.)
※ Enrichment Details: The Solana whale unstaked $14 million (100,000 SOL) in April 2025[1][2][3], not $1.78M, as part of profit-taking after accumulating substantial gains. Here’s the breakdown:
Key Details
- Initial Stake: The whale staked close to 1 million SOL at $27 per token in 2021[1][3], amounting to a total investment of $27 million.
- Growth: After four years of staking rewards and price appreciation, holdings swelled to 1.29 million SOL ($180 million at $140/SOL)[1][2].
- Unstaking: The whale unstaked 100,000 SOL ($14 million) on April 22, 2025, and transferred it to Binance, signaling intent to sell[1][3]. This left 1.19 million SOL ($166 million) still staked[2].
- After four years of successful staking, a Solana whale recently unstaked 100,000 $SOL tokens, worth approximately $14 million.
- This significant move by the whale follows a lucrative staking period of four years, during which the whale earned substantial profits.
- The whale initially invested around $27 million by staking nearly 1 million SOL tokens at $27 per token in 2021.
- Following the unstaking, the whale's holdings have swelled to 1.29 million SOL, worth approximately $180 million at $140 per SOL token.
- Despite unstaking a portion of the tokens, the whale still has 1.19 million SOL ($166 million) staked, as reported.
- This whale might be planning to sell some of the unstaked $SOL tokens, as it transferred them to Binance after the unstaking.
- Crypto investors and finance enthusiasts closely monitor the activities of such whales in the crypto exchange market, as their moves can significantly impact token prices.
