Whale's $4.5M Crypto Windfall: 96,155 SOL Tokens Deposited on Binance

A significant transaction occurred in the cryptocurrency market two hours ago, as a large investor, often referred to as a "whale," deposited 96,155 SOL tokens into Binance. This move resulted in a substantial profit of $4.5 million for the investor.

According to data from LookIntoChain, the whale initially deposited 96,155 SOL tokens, valued at approximately $13.49 million at the time. This transaction was made two hours ago, following a year-long period during which the whale had staked 88,493 SOL tokens, worth around $8.95 million at the time of staking.

The whale's strategy involved unstaking the 96,155 SOL tokens, which were then worth around $13.49 million, and depositing them into Binance. The peak value of these tokens reached approximately $25 million. By executing this transaction, the whale anticipated a profit of $4.5 million.