Risk Disclosure: This website's content is not investment advice and offers no trading guidance or related services. Per regulations from the PBOC and other authorities, users must be aware of virtual currency risks. Contact us / support@techflowpost.com ICP License: 琼ICP备2022009338号
TechFlow news: On March 25, according to on-chain analytics platform Lookonchain (@lookonchain), a trader purchased 50,000 SOL for $183 per token (totaling $9.15 million) seven months ago and staked them, earning 1,750 SOL in staking rewards (valued at $160,000). However, the SOL price has since dropped by 50%. Five hours ago, the trader deposited all 51,750 SOL (valued at $4.75 million) into Binance, resulting in an estimated loss of $4.4 million.
According to on-chain analytics platform Lookonchain (@lookonchain), a trader purchased 50,000 SOL for $183 per token (totaling $9.15 million) seven months ago and staked the tokens, earning 1,750 SOL in staking rewards (valued at $160,000). However, with SOL’s price having dropped by 50%, the trader deposited all 51,750 SOL (valued at $4.75 million) into Binance five hours ago, resulting in an estimated loss of $4.4 million.
Navigating Web3 tides with focused insights
