In a strategic and timely move, a well-known Solana (SOL) whale, identified by the wallet alias ZkSjMB, has successfully completed a high-stakes transaction that earned them a whopping $649,000 in trading profit, along with an additional $64,000 in staking rewards. The calculated and well-timed decision highlights the power of precision trading in the volatile world of cryptocurrencies.
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The Breakdown of the Transaction
According to Lookonchain, a prominent blockchain analytics platform, the whale originally purchased 44,116 SOL tokens when the average price per token was approximately $139.40, which translates to a total investment of around $6.15 million.
Fast forward to June 6, 2025, the whale unstaked and sold 44,539 SOL—a slightly larger amount than the original purchase, likely boosted by staking rewards—just two hours before the report. The entire lot was sold for $6.8 million, indicating a clean and calculated profit realization.
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Earnings Summary
Trading Profit: $649,000
Staking Rewards: $64,000
Total Realized Value: ~$6.8 million
Tokens Sold: 44,539 SOL
Average Buy Price: $139.40
Estimated Initial Investment: $6.15 million
This success story not only showcases an ideal execution of buy-low-sell-high strategy but also reinforces the potential returns that staking can add to an already profitable crypto position.
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Market Impact and Community Reaction
The crypto community has taken notice of this transaction, especially due to its sheer size and the substantial profit margin achieved in a relatively short period (approximately one month). While a few commenters applauded the precision and patience of ZkSjMB, others speculated about the possible impact of such large sell-offs on Solana's short-term price action.
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Final Thoughts
This event is a strong reminder of how high-net-worth individuals or entities—often dubbed “whales”—can influence market movements and capitalize on timing, staking, and price action. ZkSjMB’s move will likely be studied and discussed widely in the crypto trading community in the weeks to come.