TechFlow news: On February 13, on-chain analyst Onchain Lens (@OnchainLens) reported that a whale deposited 60,000 SOL (valued at approximately $4.42 million) to Binance, incurring a massive loss of $7.38 million. Previously, this whale had withdrawn 111,945 SOL (then valued at approximately $17.16 million) for staking, and later exchanged those tokens back for only $9.78 million.
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