PANews reported on February 5th that, according to The Data Nerd, a whale named #dogeftw_sol withdrew 94,100 SOL (approximately $8.75 million) from Coinbase six hours ago. In the previous five months, this whale had staked a total of 360,500 SOL (approximately $72.24 million) to Drift Protocol (a decentralized derivatives trading platform within the Solana ecosystem). It is expected that the withdrawn SOL will be used for further staking.