According to Onchain Lens, the wallet deposited 51,750 SOL to Binance after buying 50,000 SOL about seven months earlier and later adding staking rewards before exiting at a multimillion-dollar loss.
According to Onchain Lens, a Solana whale deposited 51,750 SOL to Binance roughly five hours ago, with the transfer valued at about $4.75 million. The wallet had spent around $9.15 million about seven months earlier to buy 50,000 SOL at $183 per token, then accumulated an additional 1,750 SOL through staking rewards. Based on those figures, the move locked in an estimated loss of about $4.4 million. The transaction shows the holder exited a long-held SOL position after combining the original purchase with staking-generated tokens.