Doormant codewhales have recently made an incredible move after years of staking. According to data from Onchain Lens, the Crypto whales have unleashed up to 12,296 Solana ($sol) tokens after staking for a significant period of four years to make a significant profit. On-chain analytics providers have joined social media to disclose the event.
Two hours ago, after four years of staking, the whales set up a $12,296 sol ($1.78m) ($1.78m).
Initially, the whales retracted 9,402 $SOL ($87.7K) from #Binance US and bet 9,205 $SOL.
Over time, the whale won $3,091 $sol, $1.74m.https://t.co/rcfkqnt9o6 pic.twitter.com/gdthvgunvq
– Onchain Lens (@onchainlens) May 5, 2025
Whale 0.78m at $sol after 4 years of staking
Data points to the sudden rise in whales after four years of dormancy. In this regard, the Crypto whales have unleashed a notable $178m of $178m in $178m in $SOL after staking for four years. The move marks a profitable exit for whales from staking positions that have been ongoing for several years.
Initially, the whales extracted 9,402$SOL, worth up to 87.7k from the popular Crypto Exchange Binance Binance of the time. The whales then split each fund into several accounts. One of them received 8.9k$$SOL, and the other received 300 dollars of solcoin. These relocations now four years ago highlight the beginning of the whales’ longtime $sol staking journey.
The total staking profit for whales is .74m
According to Onchain Lens, the whales had set up these $Sol Coins a few hours ago and moved them to the whale’s main wallet. Specifically, one of the accounts released a maximum of 11.888k$SOL, while the other offered 400.731 Solana. Therefore, the whales acquired $1.72 million and 58.1K from these accounts, respectively. Overall, the cumulative whales’ holdings reached a Solmark of $3,091 in terms of betting rewards. This value amounts to an astounding $1.74 million in terms of profits based on the latest market price.
