A Solana address with over 1 million tokens is sitting on more than $153 million in profit after a four-year staking play on the crypto asset.
Blockchain analytics firm Lookonchain data-ct-non-breakable=”null” href=”https://x.com/lookonchain/status/1914604942234673402″ rel=”null” target=”null” text=”null” title=”null”>flagged the wallet address of a whale that staked nearly 1 million Solana ( data-ct-non-breakable=”null” href=”https://cointelegraph.com/solana-price-index” rel=”null” target=”null” text=”null” title=”null”>SOL) tokens in 2021. At the time of the staking, Solana tokens were worth around $27, which means the trader spent about $27 million to execute the play.
Four years later, the whale’s total staked Solana holdings have reached 1.29 million. With Solana appreciating to about $140, the whale’s…
