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@ tzongocu
2025-04-04 14:31:13
📰 News Alert...
🔖 Title: Solana Whales Begin Offloading Amid $200 Million Staking Unlock
🗓️ Published: 2025-04-04T17:00:00+03:00
📄 Summary: Solana whales have begun selling their SOL tokens following a massive staking unlock worth approximately $206 million, resulting in significant gains for early investors. Initially staked in April 2021, these tokens have appreciated by 446% during the staking period. Following the unlock, over $50 million in SOL tokens were offloaded, raising questions on market dynamics as Solana's token value decreases by 12% in just a few days. This event follows a previous large-scale unstaking by bankrupt exchange FTX, which further contributes to the unfolding narrative around SOL liquidity and market activity.
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https://cointelegraph.com/news/solana-whales-200-million-staking-unlock?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
🗞️ Source: Cointelegraph by Ezra Reguerra
💓 #Solana #CryptoMarket #StakingUnlock