PANews reported on September 15th that according to on-chain analyst Ember, a whale/institutional address that acquired 991,000 SOL four years ago and unlocked it in April of this year currently holds $280 million in SOL profits. This address transferred another 60,000 SOL (worth $14.82 million) to Binance five hours ago.

After being unlocked in April, the address has transferred a total of 375,000 SOL (worth US$68.51 million) to Binance over the past five months, at an average price of US$183.

The address currently still holds 962,000 SOL (worth $233 million), which means that it has only sold part of the staking interest accumulated over the past four years.