Solana Whale Nets $153M Profit After Four-Year Staking Strategy
Crypto Investor Cashes Out After Impressive Gains on Solana
A Solana whale has turned a $27 million investment into a $153 million profit, thanks to a four-year-long staking strategy. This colossal gain highlights the potential rewards of long-term staking plays in the cryptocurrency market.
According to blockchain analytics firm Lookonchain, the whale initially staked nearly 1 million Solana (SOL) tokens in 2021 when the asset was priced around $27 per token. Fast forward to 2025, and Solana’s value has surged to $140, pushing the value of the staked tokens to around $180 million.
Solana Whale Begins Offloading Tokens to Binance
100,000 SOL Tokens Transferred in Potential Profit-Taking Move
On April 22, the Solana whale began to cash out some of their profits by unstaking 100,000 SOL tokens—worth approximately $14 million. These tokens were then sent to Binance, a move that typically signals an intent to sell.
Despite this offloading, the whale still holds 1.19 million Solana, which remains valued at around $166 million. This leaves them with an unrealized profit of $153 million.
The whale’s strategy has garnered attention from the crypto community, particularly given the significant increase in Solana’s price over the four-year period. With the original $27 million stake now worth $180 million, this long-term investment has proved to be a highly successful play.
Solana’s Growing Appeal Among Stakers
April Events Highlight Solana’s Rise in Staking Market
This whale’s staking success follows a similar trend among other Solana investors. Earlier in April, Arkham Intelligence reported that four wallets which staked $37 million worth of Solana tokens in 2021 had their tokens unlocked, with their total value rising to over $206 million. During this period, about $50 million worth of tokens were sold, marking one of the largest single-day unlocks in Solana’s history.
These moves reflect an increasing interest in Solana’s staking ecosystem, which briefly overtook Ethereum in terms of market cap for staked tokens in April 2025. Solana reached a staked token value of over $53 billion, although Ethereum quickly reclaimed the top spot.
The growth in Solana’s staking market has sparked debate within the crypto community, with some seeing it as a sign of bullish momentum for Solana, while others question its long-term sustainability compared to Ethereum.
The Future of Solana’s Staking Ecosystem
As Solana continues to make waves in the staking space, crypto investors are closely watching how the network evolves. With its rapid growth and the potential for significant returns like those seen by this whale, Solana is increasingly seen as a strong alternative to Ethereum, especially for those interested in long-term staking strategies.
The rise of Solana whales turning millions of dollars into even larger sums proves the growing importance of staking in the world of cryptocurrency investments. As staking rewards continue to attract large investors, Solana’s role in the decentralized finance (DeFi) space is only set to expand.
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