A certain whale unstaked 74,341 SOL, worth 11.24 million USD
On June 7, news from Onchain Lens monitoring reported that a certain whale unstaked 74,341 SOL, worth 11.24 million USD. It is reported that this whale has staked these SOL for two months.
Potential bearish scenario:
If the whale chooses to sell for cash, it may exert downward pressure on the market in the short term;
If the current market is weak, this behavior could be interpreted as a loss of confidence, leading retail investors or smaller institutions to follow suit and sell.
