Whale Loses $1.27M Despite Earning Staking Rewards as SOL Price Drops

2026-01-19 01:31:11

Gate News bot message, Whale Ci8jH5 withdrew 20K SOL ($4.1M at the time) from CEX 5 months ago and staked it, earning 466 SOL ($62.4K) in staking rewards.

The 20,466 SOL is now worth $2.83M due to the drop in SOL price, with a loss of $1.27M. An hour ago, the whale deposited all tokens.

SOL-6,13%

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

1 Likes