{"id":166095,"date":"2025-06-07T22:35:11","date_gmt":"2025-06-07T22:35:11","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/166095\/"},"modified":"2025-06-07T22:35:11","modified_gmt":"2025-06-07T22:35:11","slug":"solana-whale-unstakes-17m-after-4-years-should-you-be-worried","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/166095\/","title":{"rendered":"Solana whale unstakes $17M after 4 years &#8211; Should you be worried?"},"content":{"rendered":"<ul>\n<li>A long-term Solana whale unstaked and moved over 125k SOL worth $17.64M to Binance after four years<\/li>\n<li>If buyer interest holds, SOL could revisit $165<\/li>\n<\/ul>\n<p><a href=\"https:\/\/ambcrypto.com\/category\/solana-news\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\">Solana [SOL]<\/a> has traded within a descending channel over the past two weeks. Since hitting a local high of $187, the altcoin has seen considerable losses on the charts, with the same hitting a low of $141.<\/p>\n<p>Naturally, this prolonged stagnation has triggered impatience among long-term holders. Especially those who previously locked their holdings in staking.<\/p>\n<p>In fact, one such whale has started offloading their stake too.<\/p>\n<p><a href=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/06\/GszsxMQboAAc0Cx.jpg\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-499299\" class=\"wp-image-499299 size-full\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"\" width=\"1590\" height=\"838\" data-lazy- data-lazy- data-lazy-src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/06\/GszsxMQboAAc0Cx.jpg\"\/><\/a><\/p>\n<p id=\"caption-attachment-499299\" class=\"wp-caption-text\">Source: X<\/p>\n<p>According to Onchain Lens, the whale <a href=\"https:\/\/x.com\/OnchainLens\/status\/1931178673216078276\" data-wpel-link=\"external\" target=\"_blank\" rel=\"nofollow external noopener noreferrer\">unstaked<\/a> 25,008 SOL tokens worth $3.7 million and deposited 25,000 SOL into Binance. Over the past two months, this entity has cumulatively unstaked 125,045 SOL \u2013 Roughly $17.64 million after a four-year staking streak.<\/p>\n<p>Worth noting, however, that the whale still holds 1.17 million SOL, valued at $174.17 million, in staking contracts.<\/p>\n<p>When such a large-scale holder starts to sell, it mostly signals growing frustration with the market. This shift in sentiment is in line with SOL\u2019s recent weakness on the charts. As expected, this has prompted fears that long-term conviction may be eroding.<\/p>\n<p>Solana netflows flip positive after two weeks of red<br \/>\n<a href=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/06\/solana-netflow.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-499250\" class=\"wp-image-499250 size-full\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"\" width=\"1852\" height=\"525\" data-lazy- data-lazy- data-lazy-src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/06\/solana-netflow.png\"\/><\/a><\/p>\n<p id=\"caption-attachment-499250\" class=\"wp-caption-text\">Source: CoinGlass<\/p>\n<p>Data from Coinglass also revealed a notable change in exchange activity.<\/p>\n<p>For example \u2013 SOL\u2019s netflows turned positive for the first time in 16 days, meaning inflows surpassed outflows \u2013 Typically a precursor to a hike in selling pressure.<\/p>\n<p>And yet, despite this bearish signal, SOL\u2019s price has held steady on the charts.<\/p>\n<p>Buyers absorb the pressure \u2013 For now<\/p>\n<p>Interestingly, instead of dumping further, SOL bounced and saw an uptick.<\/p>\n<p>Since dipping to a low of $141 three days ago, the altcoin has closed on the positive side for two consecutive days. In fact, at press time, the token was trading at around $152 \u2013 Up 3.16% in the last 24 hours.<\/p>\n<p><a href=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/06\/sol_buy_vs_sell_volume_spot.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-499245\" class=\"wp-image-499245 size-full\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"\" width=\"1200\" height=\"800\" data-lazy- data-lazy- data-lazy-src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/06\/sol_buy_vs_sell_volume_spot.png\"\/><\/a><\/p>\n<p id=\"caption-attachment-499245\" class=\"wp-caption-text\">Source: Coinalyze<\/p>\n<p>One of the reasons behind the shift in prices as whales sold is that other small-scale investors have been buying the altcoin.<\/p>\n<p>According to Coinalyze, buyers scooped up 479k SOL in the spot market, with a positive Delta of 113k, indicating clear demand outpacing supply.<\/p>\n<p><a href=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/06\/Sol-stoch-RSI.jpeg\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-499248\" class=\"wp-image-499248 size-full\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"\" width=\"1463\" height=\"687\" data-lazy- data-lazy- data-lazy-src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/06\/Sol-stoch-RSI.jpeg\"\/><\/a><\/p>\n<p id=\"caption-attachment-499248\" class=\"wp-caption-text\">Source: TradingView<\/p>\n<p>From a technical standpoint, SOL has been showing early signs of a potential recovery too.<\/p>\n<p>Consider this \u2013 A look at Solana\u2019s Stoch RSI revealed that it made a bullish crossover and alluded to strengthening momentum on the charts.<\/p>\n<p>Thanks to the aforementioned crossover, the prevailing trend is likely to continue. A trend continuation will see SOL reclaim $165-levels. With the RSI, a crossover here will validate this uptrend.<\/p>\n<p>On the contrary, if additional whales follow suit and increase selling, SOL could tumble back to its key $140-support.<\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\tNext: <a href=\"https:\/\/ambcrypto.com\/dogecoin-faces-a-sell-wall-will-smart-money-hold-or-fold-at-0-17\/\" rel=\"prev noopener\" data-wpel-link=\"internal\" target=\"_blank\">Dogecoin faces a sell wall \u2013 Will smart money hold or fold at $0.17?<\/a>\t\t\t\t\t\t\t\t\t\t<\/p>\n","protected":false},"excerpt":{"rendered":"A long-term Solana whale unstaked and moved over 125k SOL worth $17.64M to Binance after four years If&hellip;\n","protected":false},"author":2,"featured_media":166096,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[52,51,16,15],"class_list":{"0":"post-166095","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-ambcrypto","9":"tag-business","10":"tag-uk","11":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114644472738506503","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/166095","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=166095"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/166095\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/166096"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=166095"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=166095"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=166095"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}