Major SOL Whale Redeems $25M in Two Months, Transfers 50,000 SOL to Binance

According to data from Onchain Lens, a prominent whale has recently redeemed an additional 50,017 SOL tokens valued at $7.52 million, transferring 50,000 SOL to Binance. This activity marks a continuation of significant liquidation, with the investor redeeming a cumulative 175,062 SOL worth $25.16 million over the last two months. Notably, the whale had maintained a staking position for four years prior to these redemptions. Despite the recent sell-off, the whale’s holdings remain substantial, currently standing at 1,126,767 SOL, valued at approximately $168.44 million. This movement highlights ongoing portfolio adjustments among large-scale SOL stakeholders within the crypto market.