A whale sold over 32,000 SOL tokens, incurring a loss of $2.04 million.
AI Summary1 min read
TL;DR
A whale sold 32,195 SOL tokens at a $2.04 million loss after holding for 10 months. Previously, he made an $8.15 million profit from a quick SOL sale but missed out on over $82 million by not holding longer.
Tags
SolanawhaleSOLcryptocurrencylossprofit
According to Mars Finance, on November 24th, lookonchain monitoring revealed that whale GJwCUj sold 32,195 SOL tokens ($4.18 million) – these were positions he had bought and staked 10 months prior, resulting in a loss of $2.04 million. Two years ago, this whale bought 400,000 SOL tokens ($35.7 million) at an average price of $89 and staked them, then sold them less than two months later at $108, making a profit of $8.15 million. Immediately after his sale, SOL continued to surge – if he had held until the peak, his profit would have exceeded $82 million.