Solana Whale Makes $153 Million Profit from Four-Year Staking Play

A high-net-worth Solana holder has reaped substantial profits after a four-year staking journey. The whale, holding over 1 million SOL tokens staked in 2021, achieved a gain of over $153 million in value. Blockchain analytics firm Lookonchain revealed the whale’s staking history. Initially investing roughly $27 million to stake 1 million SOL in 2021 when the token price was around $27, their holdings have grown significantly with Solana’s price increase. Their current staked holdings are 1.29 million SOL tokens worth approximately $180 million and are now offloading a portion of these tokens to cash out.