A whale deposited 60,000 SOL into Binance, incurring a loss of $7.38 million

Odaily News According to on-chain analyst OnchainLens, a whale deposited 60,000 SOL (worth approximately $4.42 million) into the Binance exchange, realizing a substantial loss of $7.38 million. The whale had previously withdrawn 111,945 SOL (worth about $17.16 million at the time) for staking and later swapped these tokens back for only $9.78 million.