Solana Whale’s Move Sparks Upward Trend: JitoSOL Stake Profits Fuel Market Gains

A major Solana (SOL) whale recently moved a substantial 11,445 SOL, worth $2.01 million, from liquid staking to Binance. This significant transaction followed a year of holding, where the initial position was previously 30,000 SOL. The resulting profit is estimated at $2.94 million. Adding to this bullish trend, another major whale deposited two million SOL worth over $351 million into a newly created Solana stake account. This move shows strong commitment to the staking model and has led to a surge in market prices.