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Solana (SOL) was hit hard during the recent crypto market downturn, but it’s also been one of the top altcoins bouncing back strong.
One whale took full advantage of this recovery. As reported by Lookonchain, this savvy investor—who scooped up 1 million SOL back in 2021 for just $27 million—has now racked up over $153 million in profits, thanks to staking and price appreciation.
After staking SOL for four years, the whale has now started to take some chips off the table. They recently unstaked 100,000 SOL (around $14M) and transferred the tokens to Binance—a move often signaling a sell-off.
Despite this, the whale still holds 1.19 million SOL, currently worth around $166 million. Not bad for a $27 million investment just a few years ago.
Talk about diamond hands and perfect timing.
#MarketRebound Solana #MarketRebound SOL #MarketRebound CryptoNews #MarketRebound Altcoins #MarketRebound
