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Whale Loses $1.27M Despite Earning Staking Rewards as SOL Price Drops
Gate News bot message, Whale Ci8jH5 withdrew 20K SOL ($4.1M at the time) from CEX 5 months ago and staked it, earning 466 SOL ($62.4K) in staking rewards.
The 20,466 SOL is now worth $2.83M due to the drop in SOL price, with a loss of $1.27M. An hour ago, the whale deposited all tokens.