Solana Whale Disposes $10.7M SOL to Repay $20 Million Loan Following Unstaking

This move signifies a strategic approach to manage debt and repay their outstanding loan. The whale likely took advantage of market fluctuations, selling tokens at a price point reflecting the recent depreciation in Solana’s value before utilizing the funds to cover part of their USDC loan taken from Kamino, which facilitates stablecoin borrowings.