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Major Whale Stakes Over 108K SOL Worth $16.2M from Centralized Exchange
Gate News bot message, A significant cryptocurrency holder has moved 108,158 SOL tokens, valued at $16.2 million, from centralized exchanges directly to staking.
The transaction forms part of a larger pattern of activity by this wallet holder. Dating back to August 22, 2025, the same address has accumulated and staked a total of 316,826 SOL tokens, with an initial value of $57.19 million when SOL was trading at $181. The current market conditions place these holdings at a $7.3 million unrealized loss.