Five months ago, a whale made what looked like a textbook move.
They pulled 20,000 $SOL off the exchange — worth roughly $4.1M at the time — and locked it into staking. The plan was simple: step away from the noise, let time do its thing, collect rewards, and chill.
And honestly?
On paper, it worked.
Staking steadily added 466 SOL, about $62K in yield. Clean. Disciplined. Exactly how it’s supposed to go.
But the market had other ideas.
$SOL slid hard.
Fast forward to today, and that entire position — 20,466 $SOL — is now worth around $2.83M. That’s a $1.27M drawdown, even after doing “everything right.”
Six hours ago, the story came full circle.
Every single #solona was sent back to an exchange.
Moments like this are a brutal reminder of how unforgiving timing can be.
You can move funds off exchanges.
You can stake.
You can wait.
You can stay patient and disciplined.
And still… end up in the red.
Sometimes the market simply doesn’t care how correct your strategy was. It just moves.
Do I think this whale should’ve held longer? Maybe.
But we can’t track minds — only on-chain movements.
And that’s exactly what we do at EyeOnChain 👁️⛓️
Wallet:
Ci8jH5enxMiMg3CPi72AvBJtf846FrurBuH5UJHkE3X
