Gate News bot message, Whale wallet GJwCUj has closed their position of 32,195 SOL ($4.18M) after holding and staking for 10 months, resulting in a $2.04M loss.
The same whale had previously executed a profitable trade in 2021, purchasing 400,000 SOL ($35.7M) at an average price of $89 and selling at $108 within two months, generating an $8.15M profit. The SOL price continued to rise after their exit from that position.
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Major SOL Whale Takes $2.04M Loss on 32,195 SOL Position
Gate News bot message, Whale wallet GJwCUj has closed their position of 32,195 SOL ($4.18M) after holding and staking for 10 months, resulting in a $2.04M loss.
The same whale had previously executed a profitable trade in 2021, purchasing 400,000 SOL ($35.7M) at an average price of $89 and selling at $108 within two months, generating an $8.15M profit. The SOL price continued to rise after their exit from that position.