The beautiful country's GDP experiences negative growth, a whale unstakes SOL and loses $500,000. Is the next storm coming?
The preliminary GDP for the first quarter is **-0.3%, far below the expected 0.3%, but unexpectedly higher than GDPNow's -2.7%—it doesn't seem that bad, but it has actually reached a new low since 2022, marking the official entry into negative growth**. Now the market focus is undoubtedly: the expectation for the Federal Reserve to cut interest rates in June has been reignited, but don't celebrate too early; interest rate cuts are merely a 'lifeline,' and there are greater hidden dangers behind it.
At the same time, on-chain data reveals that a whale, which staked SOL for 10 months, recently unstaked 92,663 SOL (approximately $13.51 million), earning 5,554 SOL in interest during the period, but ultimately still recorded a loss of $500,000. — Was this 'long-term faith' operation really worth it?
On one side, there is a downward trend in the macro economy, and on the other side, even large on-chain holders cannot withstand long-term pressure. What do you think about the opportunities for SOL moving forward? Continue to stake or take profits? Come to the comments section to discuss your strategy
