A major SOL holder made an interesting move on Kraken five months ago. They withdrew 20,000 SOL (worth $4.1M at that time) and immediately staked it. The strategy looked solid initially—they earned 466 SOL ($62.4K) in staking rewards over those months. But here's where the market got rough. Due to SOL's price decline, those 20,466 SOL tokens are now valued at just $2.83M. That's a $1.27M loss on paper, despite the staking gains helping cushion the blow. An hour ago, the whale moved all holdings back onto an exchange. Whether this signals capitulation or a strategic reposition remains to be seen.

SOL-6,79%
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PositionPhobiavip
· 1h ago
Haha, wait a minute, earning 62.4K in staking rewards still results in a loss of 1.27 million? That's unbelievable...
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BearMarketSurvivorvip
· 1h ago
Haha, this old guy earned $620,000 in interest but still lost $1.27 million. This is the truth about staking.
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BearMarketBuyervip
· 1h ago
Making a profit but ending up losing money—that's the daily life in the crypto world, haha.
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BlockchainWorkervip
· 1h ago
Damn, making 620,000 or losing 1,270,000—how strong must your mindset be?
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