A whale has withdrawn 108,158 $SOL and staked it, with an estimated value of around $16.2 million. This significant transaction highlights the ongoing interest in staking within the cryptocurrency market. The act of staking allows holders to earn rewards by participating in the network’s operations. As the value of $SOL fluctuates, such large withdrawals can impact market dynamics and investor sentiment. The decision to stake this amount indicates confidence in the asset’s future performance.
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