A major whale sold 21,911 SOL tokens, incurring a loss of $1.05 million.

According to on-chain analytics platform Lookonchain (@lookonchain), trader GyBRmk recently sold 21,911 SOL tokens—held for over two years—for approximately $1.85 million, resulting in a loss of roughly $1.05 million. It is reported that the trader had previously accumulated 20,200 SOL tokens at an average purchase price of about $144 (totaling approximately $2.91 million) and received an additional 1,711 SOL tokens (worth ~$145,000) as staking rewards; however, these rewards were insufficient to offset losses incurred from the decline in SOL’s price.