A Solana (SOL) whale has made a massive profit of over $153 million from a staking strategy that started four years ago.

A Solana (SOL) whale has made a massive profit of over $153 million from a staking strategy that started four years ago.

A Solana (SOL) whale has made a massive profit of over $153 million from a simple yet effective strategy - staking.

As reported by Lookonchain, a crypto intelligence platform, one whale began its journey in 2021 by acquiring approximately 1 million SOL tokens at a price close to $27, making an initial investment of around $27 million.

After 4 years of patiently staking, this whale unstaked 100K SOL($13.9M) 2 hours ago and deposited it to Binance.

Back then, he staked 991,079 SOL at around $27.

He still has 1.19M SOL($166.37M) staked, with total profits of over $153M.https://t.co/X9KSXT0jESpic.twitter.com/qJ4tehUEUO— Lookonchain (@lookonchain) April 22, 2025

Over these four years, the value of the tokens has grown considerably. Currently, the price of Solana is around $140, and the initial investment also increased, reaching a total of 1.29 million SOL. This has resulted in an approximate valuation of $180 million for the investor.

Recently, the investor began selling part of its reserve. On April 22, the whale transferred 100,000 SOL, worth about $14 million, to Binance, suggesting it intends to liquidate some of its profits.

Despite the sale, the whale still holds over 1.1 million tokens, which are valued at around $166 million, leaving an unrealized profit of about $153 million.

Solana Temporarily Surpassed Ethereum

In April, another group of whales unlocked tokens worth over $200 million, which had also been staked in 2021. Part of these tokens were sold, showing that several investors have begun to capitalize on their positions after years of waiting.

Additionally, the SOL staking market has shown an interesting dynamic in recent weeks. In early April, the Solana blockchain surpassed Ethereum in terms of the total value of staked tokens, reaching $53 billion. Although Ethereum soon regained the top position, this highlighted the growing interest of investors in the SOL platform, which has already established itself as a solid option for staking.

The increased adoption of Solana and the recent appreciation of its tokens demonstrate the potential this cryptocurrency offers to investors.