Solscan data shows that the whale address starting with 56Uv staked 6653 SOL as BGSOL at 23:50 on October 22 (UTC+8), worth $1.1 million.
BGSOL is a liquidity staking solution launched in collaboration between Bitget and Solayer, where users will receive BGSOL tokens after staking SOL.
The official statement says that besides obtaining staking rewards, BGSOL can also be used for other DeFi activities. According to Solayer data, the current TVL of BGSOL is $11 million.