PANews reports on April 22nd that according to Yuji monitoring, a whale or institution that pledged 991,000 SOL 4 years ago has just redeemed 100,000 SOL (worth $13.9 million) from staking and transferred it to Binance. During the 4 years, this address has earned a total of $153.5 million in revenue, including $111.4 million from SOL appreciation (SOL price was $27.57 four years ago, now at $140), and 300,000 SOL in staking interest worth $42.08 million. Currently, the address still has 1.191 million SOL (worth $167 million) in staking.
A whale redeemed 100,000 SOL and transferred it to Binance, making a profit of more than $150 million in 4 years
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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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