Whale sent 186,003 SOL ($31.09M) to Coinbase Prime at loss after 10 months of staking

Language

English

Dark mode

May 20, 01:13

SOC Team

Whale sent 186,003 SOL ($31.09M) to Coinbase Prime at loss after 10 months of staking

Outflow

Related addresses

8v6fC8D4KPG63cx3gpy5aiLAzFJzKbtP1TjWrNtrgnWi

Total tokens transferred

186.003K

SOL

Related transactions

8v6fC8D4KPG63cx3gpy5aiLAzFJzKbtP1TjWrNtrgnWi

Coinbase Prime deposit

May 20, 01:04

Whale 8v6fC just deposited 186,003 SOL ($31.09M) to Coinbase Prime after staking them for 10 months:

Notably, the whale withdrew 174,479 SOL from Coinbase Prime on July 26, 2024, at $182.88 (estimated cost: $31.91M).

Despite having earned 11,540 SOL as staking rewards, the whale would still incur an estimated loss of $821K (-2.57%) if truly selling the above amount now at $167.14.

Fig 1. Whale 8v6fC's SOL transaction history.

#sol

#solana

#deposit

#coinbase prime

#unstake

#inactive

#loss

Related signals

2025 Jun 03 - 10:20

Whale further sent $4M into Hyperliquid to long SOL, TRUMP, and ETH

Whale 0x1a6 recently deposited 3.998M USDC into HyperLiquid and opened long positions on SOL, TRUMP, and ETH. Note that this whale's positions are all low-risk, ranging from 2x to 3x leverages, but are currently in red.

2025 May 27 - 07:58

Whale deposited 11,445 SOL ($2.01M) into Binance for profit after a year of staking

Whale 6Utji just unstaked and deposited 11,445 SOL ($2.01M) into Binance after over a year of staking with Jito, likely securing a profit of $886K (+30%). Currently, the whale has 18,290 JitoSOL ($3.85M) left, with another $2.02M in unrealized gains.

2025 May 22 - 15:05

Cetus Exploiter stole $223M worth of assets and swapped funds for ETH

Cetus Protocol on SUI was compromised and had more than $223M worth of assets stolen. The hacker is converting stolen funds into USDC, cross-chaining to Ethereum, and using it to buy ETH. So far, 23,244 ETH has been purchased at an average price of $2,658 ($61.8M).