- A whale’s SOL selling resulted in a $6.6 million loss.
- Marked financial setback due to price drop.
- Market responses remain muted.
A cryptocurrency whale, known as degen-retard.sol, recently sold 98,328 SOL tokens staked two years ago, resulting in a significant $6.6 million loss.
This event highlights the volatility and risks associated with long-term staking in the cryptocurrency market, significantly affecting investor sentiment around Solana (SOL) tokens.
Whale Sells Solana, Incurs $6.6 Million Loss
With no substantial community or market reactions, the event highlights the unpredictable financial outcomes in crypto markets. Key stakeholders have remained silent, with no regulatory updates reported.
There are no specific quotes or statements from any key players, leadership, or experts regarding the queried event involving the whale “degen-retard.sol” and their actions related to SOL staking and unstaking.
Volatility: Solana’s Price Drop and Missed Peak
Did you know? Solana reached a peak of $260 during the past two years, a potential profit zone missed by the whale involved.
According to CoinMarketCap, Solana (SOL) is valued at $130.30, with a market cap of $73.71 billion. In the last 90 days, SOL decreased by 31.57%, highlighting its volatility. Insights from Coincu’s research suggest continued market unpredictability. Regulatory clarity and technological advancements may provide stabilizing factors in the future landscape.
Solana(SOL), daily chart, screenshot on CoinMarketCap at 20:38 UTC on January 21, 2026. Source: CoinMarketCapInsights from Coincu’s research suggest continued market unpredictability. Regulatory clarity and technological advancements may provide stabilizing factors in the future landscape.
| DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
Source: https://coincu.com/markets/solana-whale-sustains-6-million-loss/
