SOL Whale Faces $1.1M Loss on #Binance Deposit

A seasoned #solana whale just made a bold move.

Wallet AA21BSr7LZAdkyv7UF4EuMDnNEeczjmaDQWBa1rcVxH9 deposited 39,015 $SOL (worth $5.9 million) to Binance 7 hours ago.

If this batch is sold, the whale is staring at a realized loss of $1.127 million — since the position was opened at an average price of $180.32 during the February 2025 memecoin boom.

This same stash was previously staked in Marinade Finance, and at SOL’s low of $105.5 in early April, the unrealized loss ballooned to $2.92 million.

Looks like the whale is either cutting losses or planning a move… and the market’s watching.