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Large Investor Transfers $16.2M in Solana From OKX for Staking

Onchain Lens data shows a whale withdrew and staked over $316,000 SOL since August 2025, now facing a $7.3 million unrealized loss.

SOL

Summary

On November 5, Onchain Lens reported a whale withdrawing 108,158 SOL worth $16.2 million from OKX and staking it. The whale has been staking since August 22, 2025, with a total of 316,826 SOL valued at $57.19 million. Despite the large holdings, the whale currently holds an unrealized loss of $7.3 million.

Terms & Concepts
  • Whale: A term used in cryptocurrency markets to describe an entity holding large amounts of a specific cryptocurrency, capable of influencing market movements.
  • Staking: The process of locking cryptocurrency in a blockchain network to support operations like transaction validation, earning rewards in return.
  • SOL: The native cryptocurrency of the Solana blockchain, used for transactions, staking, and smart contracts.