PANews reported on January 21 that, according to Lookonchain monitoring, the whale degen-retard.sol withdrew 99,153 SOL tokens from Binance at a price of approximately $192 per coin about two years ago (worth $19 million at the time) and then staked them.

Today, he unstaking the remaining 98,328 SOL tokens (currently worth $12.34 million) and sold them through a DCA (Discounted Regular Amount) strategy. After staking SOL for nearly two years, he not only failed to make a profit but actually lost more than $6.6 million.