According to PANews, an on-chain analyst named Yu Jin has reported that a significant whale or institution has been accumulating SOL tokens through FalconX since late April. In the past day alone, this entity has acquired an additional 73,500 SOL, valued at $13.83 million.
Over the past three months, the whale has amassed and staked a total of 365,000 SOL, worth approximately $59.3 million, at an average price of $162.4 per token. The current unrealized profit stands at $7.3 million.