{"id":23294,"date":"2025-04-23T04:01:56","date_gmt":"2025-04-23T04:01:56","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=23294"},"modified":"2025-04-23T04:01:56","modified_gmt":"2025-04-23T04:01:56","slug":"crypto-whale-nets-153m-profit-after-unstaking-100k-sol","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=23294","title":{"rendered":"Crypto Whale Nets $153M Profit After Unstaking 100K SOL"},"content":{"rendered":"
\n

A mysterious Solana (SOL) whale has sparked market speculation after unstaking 100,000 SOL worth approximately $13.9 million and depositing it into Binance.<\/p>\n

The transaction, tracked by blockchain analytics platform Lookonchain, comes after four years of patient staking, with the deep-pocketed investor originally accumulating 991,079 SOL at an average price of $27.<\/p>\n

Whale Moves<\/h2>\n

With Solana trading around $140, the realized and unrealized gains from the original allocation now exceed<\/a> $153 million. Despite the sell-off, the whale still holds 1.19 million SOL that remains staked, with the stash valued at about $166.37 million, suggesting this could be more of a strategic rebalancing than a full exit.<\/p>\n

In typical crypto fashion, the responses on X have been a mix of insight, anxiety, and meme-driven skepticism. One user was quick to suggest the move could signal a SOL-to-ETH rotation in reference to Galaxy Digital\u2019s recent flows, which\u00a0saw it deposit<\/a> $105 million worth of ETH to Binance while pulling nearly $100 million in SOL from the exchange.<\/p>\n

Last week, the firm transferred<\/a>\u00a0ETH valued at $80 million to Coinbase and Binance, with other large holders selling off another 143,000 ETH worth roughly $230 million.<\/p>\n

Interestingly, in a show of contrasting strategies among big investors, Lookonchain also reported<\/a> a newly created wallet withdrawing 44,116 SOL from Binance, with an estimated value of $6.15 million, which was promptly staked. While some are cashing out, others are doubling down.<\/p>\n

Reversal and Bullish Signals<\/h2>\n

On the chart, Solana is showing a delicate blend of strength and volatility. At the time of writing, the token was trading at $140.29, having gained a modest 0.8% in the last day.<\/p>\n

Despite inching higher, SOL has stayed within a tight 24-hour range of $134.72 and $140.35, indicating consolidation rather than breakout behavior. Additionally, it registered a 6% jump on the week, outpacing both the broader crypto market, which is up 5%, and its Coinbase Index peers, which are flat.<\/p>\n

Across 14 days, the asset has pumped nearly 29%, but its monthly gain is a more modest 5.9%, hinting at recent turbulence following a euphoric breakout <\/a>earlier in the month.<\/p>\n

That rally, which saw SOL shoot up 38% in 10 days, was not without technical merit. Analysts noted that the cryptocurrency had formed a bullish falling wedge as well as a textbook cup-and-handle pattern on the daily chart.<\/p>\n

This convergence of bullish signals coincided with high investor engagement near the $129\u2013$130 price level, now widely viewed as critical support.<\/p>\n

The post Crypto Whale Nets $153M Profit After Unstaking 100K SOL<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

A mysterious Solana (SOL) whale has sparked market speculation after unstaking 100,000 SOL worth approximately $13.9 million and depositing it into Binance. The transaction, tracked by blockchain analytics platform Lookonchain, comes after four years of patient staking, with the deep-pocketed investor originally accumulating 991,079 SOL at an average price of $27. Whale Moves With Solana […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-23294","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/23294","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=23294"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/23294\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=23294"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=23294"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=23294"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}