According to Foresight News and Lookonchain monitoring, a trader purchased 50,000 SOL tokens (worth $9.15 million) seven months ago at $183 each and staked them, earning 1,750 SOL tokens (worth $160,000) in staking rewards. However, the price of SOL has since dropped by 50%, and the trader deposited all 51,750 SOL tokens (worth $4.75 million) into Binance five hours ago, expecting a loss of $4.4 million.
A trader pledged 50,000 SOL tokens seven months ago, receiving a staking rewards of $160,000 but incurring a loss of $4.4 million.
This article is machine translated
Show original
Source
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.
Like
Add to Favorites
Comments
Share
Relevant content
