An address that received 990,000 SOL from Solana's non-circulating supply address 4 years ago transferred 110,000 SOL ($23.62 million) to Binance 1 hour ago after a few days of continuous increases in SOL.

This address received 990,000 staked SOL from Solana's non-circulating supply address 4 years ago (April 2021), when the price of SOL was $27.5.

After staking for 4 years, this address started transferring SOL to Binance from April this year and has transferred a total of 315,000 SOL ($53.69 million) to Binance over the past 4 months, with an average price of $170.

Received SOL in April 2021, started transferring in April 2025. This should indicate a 4-year lock-up period, which has expired in April.

This address is currently still staking as much as 1,000,000 SOL ($217 million), meaning that the 315,000 SOL ($53.69 million) they sold in the previous 4 months is just the interest earned from their 4 years of staking.

At the current price of SOL at $212, they have a profit of up to $238 million on SOL (appreciation of SOL + staking returns).

Address: 7VMTVroogF6GhVunnUWF9hX8JiXqPHiZoG3VKAe64Ckt