📉Whale stops losses and exits, SOL staking rewards can't withstand the price halving!!!
On-chain monitoring shows: 7 hours ago, a whale transferred 49,858 SOL (approximately 8.46 million USD) to an exchange, possibly stopping losses and exiting the market.
Tracing the transaction history——
6 months ago, this address withdrew 48,185 SOL (approximately 11.58 million USD) from the exchange at a unit price of 240 USD and staked it. During this period, it earned 1,673 SOL (approximately 286,000 USD) in interest income.
However, due to the continuous decline in price, the final paper loss reached as high as 3.11 million USD. The staking rewards are far from compensating for the capital evaporation caused by the price drop.
Whale fleeing, the market trend is worth noting!!!