A whale address recharged 39,000 SOL to Binance 40 minutes ago. If it sells, it will lose $1.12 million

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On April 23, according to on-chain data analyst ai_9684xtpa, a whale deposited 39,015 SOL (approximately $5.9 million) to Binance 40 minutes ago, which would result in a loss of $1.127 million if sold.

It is reported that this portion of SOL was purchased at an average price of $180.32 during the Memecoin craze from February to March 2025 and has been staked in Marinade Finance. When SOL dropped to $105.5 in early April, the unrealized loss expanded to $2.92 million.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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