A whale redeemed 560,300 SOL from the pledge 11 hours ago and transferred all of them to Binance, equivalent to about 122.58 million US dollars

Odaily reports that according to on-chain analyst Yu Jing's monitoring, a whale that had staked 560,300 SOL (worth $122.58 million) on the SOL network has redeemed all of the tokens and transferred them to Binance, clearing the address. This whale had previously withdrawn 993,000 SOL (worth $155.97 million) from Binance to participate in staking in March, when the SOL price was $157. Subsequently, these SOL tokens were gradually redeemed and transferred back to Binance, and today's transaction was the largest and final one. In total, 1,025,000 SOL (worth $193.17 million) were redeemed and transferred to Binance, at an average price of $188. The whale has realized a profit of $37.2 million on the SOL investment (including appreciation and staking rewards).