Whale Wallet Nets $3.2M Profit After Unstaking and Selling 53,194 SOL Tokens

A major crypto whale, identified as AiMFH9zE1W...Jvg4XHqmN5, has drawn significant attention within the Solana (SOL) ecosystem after executing multi-million-dollar transactions. According to blockchain data, the wallet unstaked a total of 53,194 SOL tokens (valued at approximately $12.41 million or KRW 17.2 billion) before selling the entire position in a single high-profile move.

Blockchain analytics platform Lookonchain shared insights on X (formerly Twitter), confirming the massive sale. The whale sold the SOL tokens at an average price of $233 per token, converting the assets into $12.41 million worth of USD Coin (USDC). The transaction generated a realized profit of $3.2 million (approximately KRW 4.4 billion), solidifying one of the wallet's largest recorded gains.

"Whale AiMFH9 unstaked 53,194 $SOL and sold all of it at $233 for $12.41M $USDC, making a profit of ~$3.2M," Lookonchain stated.

Strategic Moves in Decentralized Markets

Beyond the headline-making selloff, the whale demonstrated active engagement with Solana’s decentralized finance (DeFi) infrastructure. On September 16, CryptoNewsLand reported additional transactions, revealing sophisticated trading strategies involving liquidity pools and token swaps.

Highlights of the on-chain activity include a movement of 1.42 million USDC through the SolFi (SOL-USDC) liquidity pool. The wallet also exchanged 6,100 Wrapped SOL (WSOL) tokens worth approximately $1.42 million (KRW 2 billion). Subsequently, 1,900 WSOL tokens (valued at $442,856 or KRW 600 million) were transferred back into the wallet.

Additional analysis identified $466,733 USDC flowing into Tessera V: Authority and $443,381 USDC allocated to the HumidiFi (WSOL-USDC) market. These transactions highlight the whale’s active participation in Solana-based liquidity ecosystems and its ability to strategically reallocate funds across decentralized and centralized platforms.

Exchange-Related Activity and Fund Routing

The wallet’s influence extended beyond decentralized markets, involving major transactions routed through exchange-related addresses. Specifically, $2.33 million USDC was transferred to the OKX DEX Router, while simultaneous withdrawals of 10,000 Wrapped SOL (WSOL) and 10,000 SOL tokens were recorded.

Parallel transactions by two separate wallets mirrored this pattern, with each routing $2.33 million USDC alongside identical SOL withdrawals. Smaller adjustments to the portfolio included the movement of 2,000 WSOL (valued at $466,164 or KRW 600 million) via Tessera V: Authority, as well as a transfer of 10,000 SOL tokens (worth $2.33 million or KRW 3.2 billion) to another wallet address, CJGsHzEoWm...HyHVJutBYZ.

These transactions collectively showcase the whale’s knack for converting its 53,194 unstaked SOL tokens into stablecoin holdings, culminating in $12.41 million USDC. The effort not only secured a $3.2 million profit but also emphasized substantial capital flow between Solana’s decentralized markets and centralized trading pathways.

Solana’s Growing Appeal Amid Institutional Interest

The whale’s activity underscores Solana’s burgeoning position in the crypto landscape, which has garnered increased attention from institutional investors. Speculation continues to rise about Solana’s potential to sustain upward momentum and break key price barriers, with some analysts predicting a supertrend push toward the $300 mark in the near term.

Solana’s price movements are also being closely monitored in light of the upcoming Federal Open Market Committee (FOMC) meeting, an event that could influence broader macroeconomic conditions and crypto market sentiment.

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