A long-term SOL staking address has been reducing its position, with cumulative realizations exceeding $137 million

Odaily Planet Daily reported that according to Lookonchain monitoring, a Solana address that has participated in staking for over 5 years sold another 30,000 SOL (approximately $2.56 million) 8 hours ago.

This address initially staked 991,079 SOL 5 years ago and began gradually reducing its holdings about a year ago. To date, the address has sold a cumulative total of 965,274 SOL (approximately $137.66 million), with an average selling price of around $143.

Despite the ongoing sell-off, the address still has 381,140 SOL (approximately $32.4 million) in staking status.