Whale Continues SOL Accumulation, Staking Activity Gains Attention

On February 5, OnchainDataNerd reported that a whale address withdrew 94,100 SOL worth approximately $8.75 million from Coinbase six hours earlier.

This whale has a history of staking SOL holdings into Drift Protocol. According to data, the total staked amount has reached 360,500 SOL over the past five months, valued at around $72.24 million.

  • Single SOL withdrawal reaches 94,100 tokens
  • Total staked amount exceeds 360,000 SOL in five months
  • Whale demonstrates strong confidence in SOL's long-term value