- Whale AiMFH9 unstaked and sold 53,194 SOL
- Sale price was $233 per SOL, totaling $12.41M USDC
- Estimated profit from the sale is $3.2M
In a bold move that caught the attention of on-chain watchers, a whale identified as AiMFH9 unstaked a massive 53,194 SOL tokens and immediately sold all of it for $12.41 million USDC. The sale price of $233 per SOL came at a time when Solana is showing strong market momentum.
This large transaction highlights how seasoned holders take profits during bullish cycles. According to on-chain data, the whale netted an estimated $3.2 million in profit from this move, sparking discussions across the crypto community.
Profit-Taking as Solana Surges
With SOL recently climbing past key resistance levels, profit-taking among early investors or whales is not uncommon. The AiMFH9 whale had accumulated these SOL tokens at significantly lower prices, and the current rally provided an ideal opportunity to lock in gains.
Selling such a large volume without slippage indicates smart execution, likely through OTC (over-the-counter) deals or segmented trading strategies. It also reflects the growing liquidity and maturity of the Solana market.
What This Means for SOL Investors
While some may view whale movements as a bearish signal, they often represent simple portfolio rebalancing or strategic exits after long holds. This sell-off, though large, hasn’t severely impacted SOL’s price trajectory so far.
For retail investors, this is a reminder of the importance of planning exits and monitoring on-chain whale behavior. Tools like Whale Alert and Solana block explorers continue to offer transparent insights into major wallet activities.
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