Whale Stakes Additional 49,165 SOL After OKX Withdrawal

A whale has staked over 761,000 SOL since August 2025, despite an unrealized loss of over $8 million at current market prices.

SOL

Summary

A whale withdrew 49,165 SOL worth $7 million from OKX on November 27 and staked it, increasing its total staked SOL to 761,405 SOL, valued at $117.97 million when initially staked. Current holdings are worth $109.48 million, with an unrealized loss of $8.45 million.

Terms & Concepts
  • Staking: Locking cryptocurrency in a blockchain network to earn rewards or secure the network.
  • SOL (Solana): The native cryptocurrency of the Solana blockchain, used for transactions and staking.
  • OKX: A global cryptocurrency exchange offering trading, staking, and other digital asset services.