Key Takeaways:
- A crypto whale’s 2021 Solana staking strategy turned a $27M investment into $180M over four years.
- The whale recently transferred 100,000 SOL (~$14M) to Binance, indicating potential selling.
- Despite the move, the wallet retains 1.19M SOL valued at ~$166M, with over $153M in unrealized gains.
A crypto whale who began staking nearly 1 million Solana (SOL) tokens in 2021 is now sitting on over $153 million in unrealized profit following a long-term strategy.
Back in 2021, the investor staked approximately 991,079 SOL when the price was around $27, totaling an initial investment close to $27 million.
After 4 years of staking, this whale unstaked 100K $SOL($13.9M) 2 hours ago and deposited it to #Binance.
— Lookonchain (@lookonchain) April 22, 2025
Back then, he staked 991,079 $SOL at around $27.
He still has 1.19M $SOL($166.37M) staked, with total profits of over $153M.https://t.co/X9KSXT0jES pic.twitter.com/qJ4tehUEUO
Over four years, the whale’s holdings increased to 1.29 million SOL.
With Solana’s current price hovering around $140, those holdings are now worth roughly $180 million.
On April 22, the whale made a significant move by unstaking and transferring 100,000 SOL—worth about $14 million—to Binance, likely indicating an intent to sell.
Despite this transaction, the wallet still holds approximately 1.19 million SOL, valued at around $166 million.
The whale’s strategy of staking and holding through market fluctuations has resulted in a remarkable gain, turning a multi-million dollar investment into a crypto fortune.
This event underscores the potential rewards of long-term staking in the volatile cryptocurrency market, especially for those with the capital and patience to ride out the highs and lows.
About The Author
Efe Bravo, a seasoned journalist, delivers compelling insights into the cryptocurrency and blockchain industry.
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