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Trader sells 31,862 SOL after one year, realizing $2.2 million loss

  • Trader 9VQbih sold all 31,862 SOL after holding the asset for one year.
  • 31,862 SOL were sold for $3.25 million, resulting in a reported $2.2 million loss.
  • The trader originally bought 30,002 SOL at $182 each and earned 1,860 SOL through staking.

Trader 9VQbih sold all 31,862 SOL for $3.25 million after holding the position for a year, recording a $2.2 million loss. The trader had initially bought 30,002 SOL at $182 each, worth $5.47 million, and used staking (locking crypto to earn rewards) to receive an additional 1,860 SOL valued at $190,000. The loss came despite those rewards as SOL’s price declined.

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Trader sells 31,862 SOL after one year, realizing $2.2 million loss - CoinPost Terminal