An attention-grabbing move has been made in the cryptocurrency market by a new whale that has taken a gigantic bet on Solana (SOL). The newly formed wallet, which goes by the name of “Guf5k,” just pulled off a remarkable heist, withdrawing from Binance an astonishing 42,895 SOL, with an approximate worth of $7.57 million, at a price of $176.4 per token. And if you thought that was a big deal, consider that nearly all of this sum—the whale’s bounty of beautiful blockspace—has been staked in Solana’s crypto bank, apparently for the long term, rather than for some illegal short-term trading.
The post New Whale Bets Big on Solana with $7.57 Million Investment, Staking Nearly All of It appeared first on The Merkle News.
