Solana’s price performance has remained extremely weak amid the recent market volatility, and moves from traders — especially large holders — have continued to draw attention from market watchers.
A recent large transaction from an unidentified whale has gotten the crypto community talking, as over 2.6 million SOL stakes have been unlocked on the Solana blockchain.
Over 2.6 million SOL back in circulation
On Thursday, April 2, blockchain monitoring firm Whale Alert provided data revealing that a total of 2,665,137 SOL tokens worth over $211 million, which have been previously staked, have now been unlocked within a few minutes.
HOT Stories Stellar (XLM) Outpaces Ripple and XRP in RWA Tokenization Race, 32 Billion SHIB Withdrawn as Shiba Inu Coin Exchange Exodus Resumes, Apple Futures Now Live on Binance: Morning Crypto Report 'Living Rent-Free': Ripple CEO Fires Back at Avalanche Founder
While this move is not uncommon in the Solana ecosystem, it is important to note that the initial staking of the asset was aimed at securing the network, signaling the holder’s confidence in the asset’s future potential.
You Might Also Like
Wed, 04/01/2026 - 19:27 Solana Ecosystem Faces One of Largest Hacks EverByAlex Dovbnya
However, the unlocking of these tokens has raised concerns among investors as it suggests that the holder is no longer willing to commit its token to secure the network and has liquidated them, possibly in preparation to sell.
Further data disclosed by the source shows that the stake unlocking happened in two separate transactions, when Solana was trading around $79.
Solana price dips 5%
The token unlock happened when the Solana price was trading in deep red territory, suggesting that the price downtrend could have been the major trigger behind the move.
Nonetheless, Solana remains on the downside at the time of writing, and it is trading at $77. This makes a 6.52% decrease in the price over the past day.
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
